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The initial margin requirement on a stock purchase is 50%. You fully use the margin allowed to purchase 100 shares of Boeing at $25. If
The initial margin requirement on a stock purchase is 50%. You fully use the margin allowed to purchase 100 shares of Boeing at $25. If the price drops to $22, what is your percentage loss? A) 12%
B) 8%
C) 24%
D) 48%
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