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Posted on Aug 07, 2024

Suppose you take out a margin loan for $ 7 6 , 0 0 0 . You pay an effective rate of 6 . 9

Suppose you take out a margin loan for $

76, 000 .

You pay an effective rate of

6.9

percent. If you repay the loan in

60

days, how much interest will you pay?

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