If xrx increased in value to 150 per share how much excess
The initial margin requirement is set at 60%. A customer purchases 100 XRX at $100 per share and deposits $6,000 in the account. If XRX increased in value to $150 per share, how much excess equity would the customer have in the account?
Now Priced at $10 (50% Discount)
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the initial margin requirement is set at 60 a customer purchases 100 xrx at 100 per share and deposits 6000 in the
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