You buy 300 shares of Qualitycorp for $30 per share and deposit initial margin of 50%. The next day Qualitycorp's price drops to $25 per share.What is your actual margin
24/30
You buy 300 shares of Qualitycorp for \$30 per share and deposit initial margin of 50%. The next day Qualitycorp's price drops to \$25 per share.