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Assume you purchased 500 shares of XYZ common stock on margin at$50 per share from your broker. If the initial margin is 75%, theamount you

Assume you purchased 500 shares of XYZ common stock on margin at$50 per share from your broker. If the initial margin is 75%, theamount you borrowed from the broker is _________.A. $6,250B. $31,25 2 answers

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