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You are very bullish about the stock of Amway Inc. and want to buy as many shares as possible. The curent stock price is $13.26
You are very bullish about the stock of Amway Inc. and want to buy as many shares as possible. The curent stock price is $13.26 and you have $16,000 to invest. The inital margin requirement is 54%.
What is the maximum number of shares you can buy?
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