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1. The initial margin requirement on a stock purchase is 50% and the maintenance margin 04. You fully use the margin allowed to purchase 1000

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1. The initial margin requirement on a stock purchase is 50% and the maintenance margin 04. You fully use the margin allowed to purchase 1000 shares of XYZ of $25. If the price a to the margin-call point, your broker will sell just enough of your shares to restore the initial margin requirement. How many shares will your broker sell Ignore interest on the loan.) A334 B 402 C 462 D. 667

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