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Suppose an investor initially pays $6,000 toward the purchase of $10,000 worth of stock (100 shares at $100), borrowing the remaining $4,000 from a broker.
Suppose an investor initially pays $6,000 toward the purchase of $10,000 worth of stock (100 shares at $100), borrowing the remaining $4,000 from a broker. If the stock price declines to $60, what would be the percentage margin? a) 11.11% Ob) 22.22% c) 33.33% d) 40%
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