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QUESTION 17 QUESTION 18 The text of the previous problem is copied here for your convenience: You purchase 550 shares of 2 nd Chance Co.

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QUESTION 17 QUESTION 18 The text of the previous problem is copied here for your convenience: You purchase 550 shares of 2 nd Chance Co. stock on margin at a price of $55. Your broker requires you to deposit $15,500. Suppose you sell the stock at a price of $62

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