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Latifa wants to BUY 100 shares of MRM Corp at $60 per share. Initial deposit is $3,000. Initial margin Requirement is 50%. Purchasing Power is

Latifa wants to BUY 100 shares of MRM Corp at $60 per share. Initial deposit is $3,000. Initial margin Requirement is 50%.

Purchasing Power is ... ?

Investors Equity is ...?

Borrowed Amount is...?

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