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Finance 411 Essay Preview: Finance 411 Report this essay Homework 1SolutionsN2.28There is a margin call if the margin account falls by $3,000 – $2,000 = $1,000. This will happen if the new price increases to:(X – $4.50) × 5,000 = $1,000X – $4.50= $0.2X = $4.70Therefore, the price has to increase by 20 cents.Similarly, to.
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