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Business, 22.06.2021 23:30 taniyahbenyamin2

Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $20 per share. She borrows $2,500 from her broker to help pay for the purchase. The interest rate on the loan is 7%. a. What is the margin in Dée’s account when she first purchases the stock?

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Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $20 per share. S...

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