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Assume you purchased 500 shares of CSCO at $20 per share. The initial margin is 40%. Your investment was $3,000. $4,000. $5,000. $6,000. And what
Assume you purchased 500 shares of CSCO at $20 per share. The initial margin is 40%. Your investment was $3,000. $4,000. $5,000. $6,000. And what is your investment return if you sell your CSCO shares at $28? (Assume there is no interest rate) 8% 10% 40% 100%
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