Question
ssume I purchase 200 shares of stock, each selling for $90. I have borrowed $8000 from my broker, and have paid for the remainder of
ssume I purchase 200 shares of stock, each selling for $90. I have borrowed $8000 from my broker, and have paid for the remainder of the stock out of my own savings account. If the stock price falls to $75, what is the margin in my account?
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Information Technology Control And Audit
Authors: Sandra Senft, Frederick Gallegos, Aleksandra Davis
4th Edition
1439893209, 978-1439893203
