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8. Harry and Harriet own 1,000 shares of Al Inc. in a brokerage account that is titled Harry and Harriet, Tenancy In Common. Explain how
8. Harry and Harriet own 1,000 shares of Al Inc. in a brokerage account that is titled "Harry and Harriet, Tenancy In Common". Explain how the assets would be handled if Harry passed away. Would this scenario be different if the account was titled "Harry and Harriet, Joint Tenancy With the Right of Survivorship"? 9. Assume you purchased 250 shares of Home Depot stick at $40 per share with a 50 percent margin requirement. a) What would be the total cost of the purchase? b) How much would you borrow? c) How much would you have to contribute in cash? d) What would happen to your investment if the price in Home Depot rose to $50 per share? e) What would be your profit if you sold? f) Alternatively what would happen to your investment if the price in Home Depot fell to $30 per share? g) What would be your loss if you sold
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