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You have access to a margin account with an initial margin of 50%. You are interested in buying shares of a stock that is trading
You have access to a margin account with an initial margin of 50%. You are interested in buying shares of a stock that is trading at $80, and you only have $2000 to invest. Fully utilizing your margin account, what is the maximum number of shares that you can buy? a) 12.5 b) 500 c) 25 d) 100 e) 50
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