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Assume you purchased 430 shares of XYZ common stock on margin at $39 per share from your broker. If the initial margin is 58%, the

Assume you purchased 430 shares of XYZ common stock on margin at $39 per share from your broker. If the initial margin is 58%, the amount you borrowed from the broker is Multiple Choice O $16,770 O $6,943 O $7,043 O $7,58

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