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You buy 5.000 shares of stock on margin at $100. The initial margin is 65%. Later the price of the stocks increases to $120, (a)What

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You buy 5.000 shares of stock on margin at $100. The initial margin is 65%. Later the price of the stocks increases to $120, (a)What will be your new % margin? (b) What is the return on equity gnoring commission cost and interest? (c) What is the margin call price if the maintenance margin is 10\%? Show all work

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