Marti Purchased 100 Shares of Better Foods Stock on Margin

question 80

Multiple Choice

Marti purchased 100 shares of Better Foods stock on margin at a price of $49 a share.The initial margin requirement is 60 percent and the maintenance margin is 30 percent.What is the lowest the stock price can go before Marti receives a margin call?

• A)$17.00
• B)$24.00
• C)$28.00
• D)$30.00
• E)$33.00

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Positive Symptoms

In psychiatry, symptoms that are added to a person's behavior, such as hallucinations or delusions seen in schizophrenia, unlike negative symptoms that involve a loss of functions.

Schizophrenia

A psychiatric disorder characterized by disturbances in thought, perception, and behavior, including delusions, hallucinations, and disorganized speech.

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