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Please show work An investor buys 200 shares of ABC at the market price of $100 on full margin. The initial margin requirement is 40%
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An investor buys 200 shares of ABC at the market price of $100 on full margin. The initial margin requirement is 40% and the maintenance margin requirement is 25%. If the shares of stock later sold for $200 per share, what is the rate of return on the margin transaction? A) 100% B) 400%. C) 250%Step by Step Solution
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