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If you have a margin account with a broker and deposit 50000$ assume the prevailing initial margin requirement is 40% commisions are ignored, and assuming
If you have a margin account with a broker and deposit 50000$ assume the prevailing initial margin requirement is 40% commisions are ignored, and assuming xyz stock is selling at 100$ per share how many shares can you purchase using the maximun allowable margin on xyz stock?
a)1200,
b)5000,
c)1250
d)2510
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