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Quintin is interested in purchasing 120 shares of Reynolds American, currently trading at $92. Quintin is contributing $4,857.60 toward the purchase and borrow the remainder
Quintin is interested in purchasing 120 shares of Reynolds American, currently trading at $92. Quintin is contributing $4,857.60 toward the purchase and borrow the remainder from their broker. What is Quintin's margin if the shares fall to $76?
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