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An investor wishes to buy 300 shares of the ABC corporation.If the investor purchases the stock on margin @ $20 with a 65% initial margin

  1. An investor wishes to buy 300 shares of the ABC corporation.If the investor purchases the stock on margin @ $20 with a 65% initial margin requirement, the value of the investor's equity position is
  2. $2900
  3. $2100
  4. $1050
  5. $3100

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