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Mary purchased 500 shares at the price of $41 using her margin account and a 50% initial margin. Since then the stock price declined to

Mary purchased 500 shares at the price of $41 using her margin account and a 50% initial margin. Since then the stock price declined to $29 per share. How much money does Mary currently have in her margin account?

$4,250

$3,760

$5,075

$4,975

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