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Suppose you have $400 in cash in your margin account. You want to buy a stock with 50% margin allowed by your broker and you
Suppose you have $400 in cash in your margin account. You want to buy a stock with 50% margin allowed by your broker and you decide you use full margin. Price of the stock is $10 per share.
How many shares can you buy using full margin and the value of your account after purchase?
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