2 - Initial Margin Requirement = $11,000/$26,500 = .4151 or...

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1. $13,000/.60 = $21,666.67/$71 per share = 305.16 or 305 Shares rounded 2. 500 shares *$53 per share = $26,500 Margin Loan amount = $26,500 -$11,000 = $15,500.00
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Unformatted text preview: Initial Margin Requirement = $11,000/$26,500 = .4151 or 41.51% 6. Critical Price of Margin Call = ($16,500/400 shares) / (1-.30) = $58.93...
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