Multiple Choice
Questions are based on the following information:
An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 70% and a maintenance margin of 25%.In two months,the stock goes to $56.
-Below what stock price will a margin call occur?
A) $13.50
B) $54.00
C) $42.00
D) $18.00
Correct Answer:
Verified
Correct Answer:
Verified
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