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Colton would like to purchase as many shares of Apple stock (AAPL) as he is able. He currently has $10,000 in cash and the stock

Colton would like to purchase as many shares of Apple stock (AAPL) as he is able. He currently has $10,000 in cash and the stock is selling for $250 a share. How many shares cane he purchase if the initial margin is 70% and the maintenance margin is 35%?

A. 114 shares

B. 52 shares

C. 28 shares

D. 57 shares

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