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| An investor opens a margin account with an initial deposit of $5,000. He then purchases 200 shares of PRK stock at $46 in his margin account, which has a margin maintenance requirement of 25 percent, Ignoring commissions and interest, the minimum price that PRK stock can fall to before the investor receives a margin call is closest to: A: $20.00. B: $28.00. C:$33.33. |
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