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Assume that an investor buys 100 shares of stock at $53 per share, putting up a 61% margin. If the stock rises to $57 per

image text in transcribed Assume that an investor buys 100 shares of stock at $53 per share, putting up a 61% margin. If the stock rises to $57 per share, what is the investor's new margin and new margin position? If the stock rises to $57 per share, the investor's new margin is $ (Round to the nearest dollar.)

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