Business, 26.10.2020 16:40 Deadpool9609

1. Assume you purchased 500 shares of XYZ common stock on margin at $40 per share from your broker. If the initial margin is 60%, the amount you borrowed from the broker is . A. $20,000 B. $12,000 C. $8,000 D. $15,000

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1. Assume you purchased 500 shares of XYZ common stock on margin at $40 per share from your broker....

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