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Suppose you purchase 500 shares of Wal-Mart common stock at $75 per share by borrowing finds,...

  1. Suppose you purchase 500 shares of Wal-Mart common stock at $75 per share by borrowing finds, and your initial margin is 65%. The maintenance margin is 55%.
    1. How much of your own money will you have to provide?
    1. What is the price at which you would begin to receive a margin call?
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