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If IIROC limits the margin on a stock to 70 percent, initially how much money would you need to personally invest to purchase $6,000 worth
If IIROC limits the margin on a stock to 70 percent, initially how much money would you need to personally invest to purchase $6,000 worth of BMO stock?
a.
$4200
b.
$6,000
c.
It depends on the price.
d.
$1800
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