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De trader opens a brokerage account and purchases 200 shares of Internet dreams at $44 per share. she borrows $4150 from her broker to help
De trader opens a brokerage account and purchases 200 shares of Internet dreams at $44 per share. she borrows $4150 from her broker to help pay for the purchase. The interest rate on the loan is 10%. What is the margin in D's account when she first purchases the stock? if the share price falls to $34 per share by the end of the year what is the remaining margin in her account? Round your answer to two decimal places
What is the margin in D's account when she first purchases the stock?
if the share price falls to $34 per share by the end of the year what is the remaining margin in her account? Round your answer to two decimal places
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