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You own 1,000 shares of eJunk stock. You purchased these shares for $25 per share on margin with a %50 initial margin requirement and a 25% maintenance margin requirement. eJunk has experienced some reversals in the pummeling that tech stocks have received recently. The price has dropped to $13 per share. Will there be a margin call? If so, how much?

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You own 1,000 shares of eJunk stock. You purchased these shares for $25 per share on margin with a %50 initial margin requirement and a 25% maintenance margin requirement. eJunk has experienced some reversals in the pummeling that tech stocks have received recently. The price has dropped to $13 per share. Will there be a margin call? If so, how much?






 
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