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Dee Trader opens a brokerage account and purchases 200 shares of internet Dreams at $42 per share She borrows $3,800 from her broker to help

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Dee Trader opens a brokerage account and purchases 200 shares of internet Dreams at $42 per share She borrows $3,800 from her broker to help pay for the purchase. The interest rate on the loan is 12%, Required: o. What is the margin in Dee's account when she first purchases the stock? Margins 23 b. If the share price fails to $31 per share by the end of the year, what is the remaining margin in her account? Remaining margin 5 69

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