Buying on margin you buy 540 shares of stock that are, Finance Basics

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Buying on margin you buy 540 shares of stock that are

Question: Buying on Margin You buy 540 shares of stock that are priced at $80 a share using the full amount of margin available. The maintenance margin requirement or MMR is 35%. At what stock price do you get a margin call? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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