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Business, 29.02.2020 01:59 girlhooper4life11

Assume you purchased 219 shares of Tesla common stock on margin at $75 per share from your broker, and this was the maximum you could purchase given your wealth. If the initial margin is 41%, how much did you borrow from the broker? Enter your answer in numerical form WITHOUT a dollar sign or commas, rounded to the nearest dollar (i. e., enter 3501 not $3,500.92).

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Assume you purchased 219 shares of Tesla common stock on margin at $75 per share from your broker, a...

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