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1. The maximum margin permitted on the purchase of common stock is currently set at a. 30% b. 40%. c. 50%. d. 60% e. 70%

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1. The maximum margin permitted on the purchase of common stock is currently set at a. 30% b. 40%. c. 50%. d. 60% e. 70% 8. Which of the following are characteristics of a limit order for a securities transaction? a. the order that provides the quickest way to have an order filled b. buy orders are filled at a price that cannot reach a maximum $S level c. stock is purchased at the current market price d. the transaction order is executed as soon as the specified price is reached e securities are always bought on margin

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