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An investor purchased 100 shares of ABC stock at $30 per share on the margin of 40%. The has a repaid rise to $65. The
An investor purchased 100 shares of ABC stock at $30 per share on the margin of 40%. The has a repaid rise to $65. The invertor feels he has another good hunch and wants to buy 200 shares of DEF at $48 per share. What is the minimum amount of equity hell have to put up in this transaction?
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