Justin just made a margin purchase of 100 shares of def
Justin just made a margin purchase of 100 shares of DEF Corp. for $22.50 per share. The initial margin is 70%. The maintenance margin is 30%. How low can the price of each share of DEF be before Justin will have to add equity to his account?
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justin just made a margin purchase of 100 shares of def corp for 2250 per share the initial margin is 70 the
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