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You purchase 75 shares of stock for $67 per share using margin. The initial margin is 55%, and there is a maintenance margin of 40%.
You purchase 75 shares of stock for $67 per share using margin. The initial margin is 55%, and there is a maintenance margin of 40%. If you sell the stock for $78 per share, what is your percent return?
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The Critical Handbook Of Money Laundering Policy Analysis And Myths
Authors: Petrus C. Van Duyne, Jackie H. Harvey, Liliya Y. Gelemerova
1st Edition
