A client bought 1,000 shares of CSC Inc. at its current market price of $4.00 per share

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A client bought 1,000 shares of CSC Inc. at its current market price of $4.00 per share in a margin account. If the minimum loan value is 50% of the market value what is the dollar

of margin put up by the client?

Posted Date: May 13, 2024 07:26 AM

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A client bought 1,000 shares of CSC Inc. at its current market price of $4.00 per share

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To calculate the dollar amount of margin put up by the client we first need to determine the to... View the full answer

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