An analyst gathers the following information about a margin transaction:
| Initial stock price | $80 |
|---------------------|-----------|
| Leverage ratio | 2.5 |
If the first margin call occurs at a stock price below $60, the maintenance margin is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
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An analyst gathers the following information about a margin transaction:
Initial stock price
$80
Leverage ratio
2.5
If the first margin call occurs at a stock price below $60, the maintenance margin is closest to: