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7 years ago
The amount of funds needed to buy 100 shares of a stock at $80 a share with a margin account and an initial margin requirement of 50% is
A) $6,400.
B) $4,000.
C) $5,600.
D) $2,400.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
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