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Carmen just used $ 6 , 0 0 0 of cash plus a $ 3 , 5 0 0 margin loan to purchase $ 9

Carmen just used $6,000 of cash plus a $3,500 margin loan to purchase $9,500 worth of stock. This is the only transaction in her brokerage account. According to her account balance sheet, she now has account equity of:
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$2,500.
$3,500.
$6,000.
$9,500.
$19,000.

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