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You just purchased 5,000 shares of ABC Company, which is currently trading at $34 per share, using your margin account. If the stock price declines

You just purchased 5,000 shares of ABC Company, which is currently trading at $34 per share, using your margin account. If the stock price declines to $25 per share, how much do you have in your trading account? Assume an initial margin of 50% and a maintenance margin of 40%.

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