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Josh Warner has a margin account and deposits $25,000 (the cash amount). If the initial margin deposit is 40 percent, and JC Industries is currently

Josh Warner has a margin account and deposits $25,000 (the cash amount). If the initial margin deposit is 40 percent, and JC Industries is currently selling at $25 per share:

How many shares of JC can Josh buy? What is Josh's profit ($) if JC's price rises to $42?

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