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Staci just used $6,000 of cash plus a $3,000 margin loan to purchase 90 shares of a $100 stock. This is the only transaction in
Staci just used $6,000 of cash plus a $3,000 margin loan to purchase 90 shares of a $100 stock. This is the only transaction in her brokerage account. If the price of the stock she bought rises to $110 an hour after she bought the stock, the value of her liability (margin loan) is ____ and the value of her equity is ____.
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