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Business, 19.03.2020 02:57 Madeline6117

You purchased 100 shares of ABC common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance margin is 30%. What is your rate of return if you sell the stock at $40 per share

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You purchased 100 shares of ABC common stock on margin at $50 per share. Assume the initial margin i...
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