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isa Lasher buys 420 shares of stock on margin at $20 per share. If the margin requirement is 70 percent, how much must the stock
isa Lasher buys 420 shares of stock on margin at $20 per share. If the margin requirement is 70 percent, how much must the stock rise for her to realize a 20-percent return on her invested funds? (Iignore dividends, commissions, and interest on borrowe funds.) Round your answer to the nearest cent.
$______ ?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
9th Edition
0814408648, 978-0814408643
