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You purchased 2,200 shares of stock at $68 a share. The stock is currently selling for $56 a share. The initial margin was 55 percent

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You purchased 2,200 shares of stock at $68 a share. The stock is currently selling for $56 a share. The initial margin was 55 percent and the maintenance margin is 40 percent. What is your current margin position? 59.00 percent 67.20 percent 62.90 percent O O 64.59 percent 73.00 percent

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