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Suppose Elone Musk opens a brokerage account and purchases 3 0 0 shares of X Inc. at $ 4 0 per share. He borrows $
Suppose Elone Musk opens a brokerage account and purchases shares of X Inc. at $ per share. He borrows $ from his broker to help pay for the purchase. The interest rate on the loan is
If the share price falls to $ per share by the end of the year, what is the remaining margin in his account?
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$
$
$
$
None of the above
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