Sam bought 100 shares of Ultra Ltd at $60 each using her margin account on 10 January 2022. The broker requires an initi

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answerhappygod
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Sam bought 100 shares of Ultra Ltd at $60 each using her margin account on 10 January 2022. The broker requires an initi

Post by answerhappygod »

Sam bought 100 shares of Ultra Ltd at $60 each using her margin
account on 10 January 2022. The broker requires an initial margin
of 50%, a maintenance margin of 30% and charges 8% interest
pa.
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