What is the minimum fraction of your holdings

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Question - You deposited $100,000 in a margin account and proceeded to buy $150,000 of stock in GRPN. There is a 30% maintenance margin required by your broker. If GRPN falls by 60% and you are unable to send any additional cash, what is the minimum fraction of your holdings in GRPN that your broker will liquidate?

Reference no: EM133251853

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