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You purchase 200 shares of LPT Company at $100 per share using a 60% margin

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You purchase 200 shares of LPT Company at $100 per share using a 60% margin. The minimum initial margin is 50% and your maintenance m n is 25%. How low can the stock price fall before you receive a margin call? $51.85 Correct Answer $53.33 You Answered $54.37 $49.64.