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Tim has a margin account with $13200 in available cash. The initial margin is 70 percent and the maintenance margin is 30 percent. What is
Tim has a margin account with $13200 in available cash. The initial margin is 70 percent and the maintenance margin is 30 percent. What is the maximum number of shares he can purchase if the price per share is $58? Round your answer to the nearest number of whole shares.
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