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Suppose you take $5,000 of your own money and borrow an additional $7,000 from your broker. Your total investment will be $12,000. Calculate the margin.
Suppose you take $5,000 of your own money and borrow an additional $7,000 from your broker. Your total investment will be $12,000. Calculate the margin. A. 58.33% B. 41.67% C. 16.67% D. 71.43%
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