You made a 10000 stock purchase on margin 50 you put 5000, Ask an Expert

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You made a $10,000 stock purchase on margin (50%). You put $5,000 into your account initially to cover the purchase. Your stock has declined in value to $7,000 and you receive a margin call. How much cash must you put into your account as a result of the margin call? Please show steps.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91804769

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