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A client purchased 2,000 shares of DDD Inc., a security eligible for reduced margin at $12.38 in her margin account. She already had a credit
A client purchased 2,000 shares of DDD Inc., a security eligible for reduced margin at $12.38 in her margin account. She already had a credit balance of $2,000 in the account. How much additional margin would the client have to deposit to keep her account in good standing? a) $7,428 b) $5,428 c) $9,904 d) $4,904
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