What is your actual margin


You buy 300 shares of Qualitycorp for $30 per share and deposit initial margin of 50%. The next day Qualitycorp"s price drops to $25 per share. What is your actual margin?

A) 50%

B) 40%

C) 33%

D) 60%

E) 25%

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Accounting Basics: What is your actual margin
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