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You have a margin account with $ 1 2 5 1 3 8 in available cash. The initial margin is 6 1 percent and the

You have a margin account with $125138 in available cash. The initial margin is 61 percent and the maintenance margin is 30 percent. What is the maximum number of shares you can purchase on margin if the price per share is $115?
Question 11Answer
a.
205144
b.
664
c.
1752
d.
1088
e.
1784

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