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You buy 50 shares of Amazon at a price of $2,000 per share using $50,000 of your own cash and a loan from your broker
You buy 50 shares of Amazon at a price of $2,000 per share using $50,000 of your own cash and a loan from your broker to finance the remainder of the purchase price. What is your maximum possible gain, ignoring any transaction costs?
a. $100,000
b. $50,000
c. Unlimited, in principle.
d. $2,000
Note: use excel for working/solutions
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