You purchased 200 shares of cnx common stock on margin at, Financial Management

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You purchased 200 shares of cnx common stock on margin at

You purchased 200 shares of CNX common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance margin is 29%. You will get a margin call if the stock drops below ________.

Assume the stock pays no dividends, and you pay no interest on the margin loan.

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Financial Management: You purchased 200 shares of cnx common stock on margin at

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Financial Management: You purchased 200 shares of cnx common stock on margin at

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