Pat just made a margin purchase of 100 shares of abc corp
Pat just made a margin purchase of 100 shares of ABC Corp. for $45 per share. The initial margin is 70%. The maintenance margin is 30%. How low can the price of each share of ABC be before Pat will have to add equity to his account?
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pat just made a margin purchase of 100 shares of abc corp for 45 per share the initial margin is 70 the maintenance
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