Nelson purchased 1,300 shares of stock for $12.75 a share. The initial margin requirement is 70 percent and the maintenance margin is 40 percent. What is the maximum percent by which the stock price can decline before he receives a margin call?© BrainMass Inc. brainmass.com June 4, 2020, 12:37 am ad1c9bdddf
Purchasing price per share=$12.75
Value of the ...
This solution discusses stock declines and margin call.