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Question 9 (of 20) value: 5.00 points Assume you purchased 300 shares of XYZ common stock on margin at $60 per share from your broker.
Question 9 (of 20) value: 5.00 points Assume you purchased 300 shares of XYZ common stock on margin at $60 per share from your broker. If the initial margin is 60%, the amount you borrowed from the broker is O $25,200 o $7.200 O $10,800 O $18,000 References Multiple Choice
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