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A margin account is used to buy 2000 shares on margin at $25 per share. $15195 is borrowed from the broker to complete the purchase.
A margin account is used to buy 2000 shares on margin at $25 per share. $15195 is borrowed from the broker to complete the purchase. What is the margin at the time the purchase was made?
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The Pillars Of Finance The Misalignment Of Finance Theory And Investment Practice
Authors: G. Fraser-Sampson
2014th Edition
1137264055, 978-1137264053
