Business, 19.03.2021 04:10 edailey7230

You recently purchased 200 shares of stock at a cost per share of $32.50. The initial margin requirement on this stock is 75 percent and the maintenance margin is 50 percent. The stock is currently valued at $35.00 a share. What is your current margin position? Ignore margin interest. A) 74.95 percent B) 73.83 percent C) 75.69 percent D) 73.01 percent E) 76.79 percent

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You recently purchased 200 shares of stock at a cost per share of $32.50. The initial margin require...