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Your broker requires an initial margin of 50%, and a maintenance margin of 30% on a margin account. You deposit $200,000 cash in the
Your broker requires an initial margin of 50%, and a maintenance margin of 30% on a margin account. You deposit $200,000 cash in the account and purchase stocks using all available margin and borrowing the rest from your broker. Later, the value of your stock holdings goes to $288,000. What is your dollar return? O $112,000 Loss $112,000 Gain $200,000 Gain $88,000 Gain
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