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Megan bought 200 shares of stock at a price of $10 a share. She used her margin account with a 75% initial margin to make

Megan bought 200 shares of stock at a price of $10 a share. She used her margin account with a 75% initial margin to make the purchase. After a year, the price of the stock is $12 a share. What is the new margin on her account?

89%

74%

84%

79%

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