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You have bought 1000 shares on margin at $50 per share, putting up $25 000. The stock price has increased to $65. If the margin
You have bought 1000 shares on margin at $50 per share, putting up $25 000. The stock price has increased to $65. If the margin rate is 50 percent, how much more will the broker lend you?
A. | $15,000 | |
B. | $5,000 | |
C. | $7,500 | |
D. | $0 |
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