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how can i solve it i need explantion step by step please Margin Transactions Suppose you bought 200 shares of a $50 stock and borrowed

how can i solve it i need explantion step by step please

Margin Transactions Suppose you bought 200 shares of a $50 stock and borrowed the maximum amount of money given an initial margin requirement of 50%. If the stock price increase to $60 per share, what will be your equity position in the stock

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