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You purchased $200,000 worth of stocks with 50% margin. Later, the value of stock increased by $25,000. What is dollar value of your account equity?
You purchased $200,000 worth of stocks with 50% margin. Later, the value of stock increased by $25,000. What is dollar value of your account equity?
1-$100,000
2-$150,000
3-$125,000
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