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You buy 100 shares of XYZ stock at $45/share, in a 60% margin account. c. If the stock price rises to $65/share, what is the

You buy 100 shares of XYZ stock at $45/share, in a 60% margin account.

c. If the stock price rises to $65/share, what is the new margin position

d. What amount of stock can you sell and withdraw the cash to maintain 60% margin position?

e. If the stock price remains at $65/share, and you choose to buy more stock rather than d. above, how much more stock can you buy to maintain exactly 60% margin position?

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