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Kumi bought 100 shares of IBM stock at $100/share. She has her own equity of $6,000 and borrows $4,000 from her broker for a total
Kumi bought 100 shares of IBM stock at $100/share. She has her own equity of $6,000 and borrows $4,000 from her broker for a total investment of $10,000. What is her initial margin?
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