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finance, please help. total shares one can purchase? You are bullish on Telecom stock. The current market price is $75 per share, and you have
finance, please help. total shares one can purchase?
You are bullish on Telecom stock. The current market price is $75 per share, and you have $7,500 of your own to invest. You borrow an additional $7,500 from your broker at an interest rate of 6% per year and invest $15,000 in the stock. How many shares can you purchase Step by Step Solution
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