If the maintenance margin is 20 percent to what price can, Financial Management

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If the maintenance margin is 20 percent to what price can

Jack has a margin account and deposits $25,000. If the margin requirement is 40 percent, commissions are ignored, and Irish Industries is currently selling at $45 per share: 11. What is the value of stock that Jack can acquire? 12. What is Jack's profit if the price of Irish Industries rises to $55? 13. If the maintenance margin is 20 percent, to what price can Irish Industries fall before Jack receives a margin call?

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