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QUESTION 2 initial margin is 50 percent? (Do not round intermediate calculations. Round your answer to the nearest whole number.) QUESTION 3 percent rounded to
QUESTION 2 initial margin is 50 percent? (Do not round intermediate calculations. Round your answer to the nearest whole number.) QUESTION 3 percent rounded to 2 decimal places.) QUESTION 4 You purchase 950 shares of 2nd Chance Co. stock on margin at a price of $39. Your broker requires you to deposit $20300. What is the initial margin requirement? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) QUESTION 5 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. a. Suppose you sell the stock at a price of $62. What is your return
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