[Solved] Mike bought 150 shares of PDQ stock on ma

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Mike bought 150 shares of PDQ stock on margin at $22/share. The stock increased to $35.00/share. What was Mike's profit? Multiple Choice $3,300 $6,250 $975

Mike bought 150 shares of PDQ stock on margin at $22/share. The stock increased to $35.00/share. What was Mike's profit? Multiple Choice $3,300 $6,250 $975 $1,950 $5,250

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