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A year ago, Kim Altman purchased 170 shares of BLK, Inc. for$28.00 on margin. At that time the margin requirement was 60percent. If the interest
A year ago, Kim Altman purchased 170 shares of BLK, Inc. for$28.00 on margin. At that time the margin requirement was 60percent. If the interest rate on borrowed funds was 5 percent andshe sold the 2 answers
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