Minimum amount of margin call


Problem: You purchased 100 shares of KLM at $40 a share by depositing the minimum amount of margin. If the initial margin requirement was 50% and the maintenance margin requirement is 30% you will get a margin call if KLM's price falls to:

  • $12
  • $20
  • $29
  • $32

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Other Subject: Minimum amount of margin call
Reference No:- TGS01745191

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