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You are investing in 100 shares of a stock with a market value of $10,000. Suppose you invest $7,000 of your own money and borrow

You are investing in 100 shares of a stock with a market value of $10,000. Suppose you invest $7,000 of your own money and borrow the remaining $3,000 on margin at 6%. What is your initial margin? 70% 30% 50% 10%

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