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Assume you purchased 2000 shares of .13 XYZ common stock on margin at $30 per share from your broker. If the initial margin is 70%,
Assume you purchased 2000 shares of .13 XYZ common stock on margin at $30 per share from your broker. If the initial margin is 70%, what is the interest payment on the amount you borrowed from the broker if * ?interest rate is 9% 2) (2 ) $18000 O $1620 O $42000 O $3780 O
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The Life Audit Take Control Of Your Life Now Every Minutes Counts
Authors: Caroline Righton
1st Edition
978-0340836781
