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4. An investor purchases 1,500 shares of stock at $60 per share. The initial margin requirement is 50% How much can be borrowed? What is
4. An investor purchases 1,500 shares of stock at $60 per share. The initial margin requirement is 50% How much can be borrowed? What is the margin if the price drops to $55 per share? What is the margin if the price increases to $70 per share? What is the gain/loss in each scenario? Show your work t
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