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7 You buy stock on margin in your brokerage account when it is trading at 23.85 per share. You have 2235 in equity (cash) in
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You buy stock on margin in your brokerage account when it is trading at 23.85 per share. You have 2235 in equity (cash) in your account and buy 170 shares. What is the equity margin in the account at the beginning of the trade? 0.4743 0.5272 0.4917 0.5796 0.5512 Step by Step Solution
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