An investor believes that NVDA stock is a good purchase. She wants to believes that the stock
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Question:
An investor believes that NVDA stock is a good purchase. She wants to believes that the stock will appreciate 8% following the next earnings call. Currently NVDA trades for $700/share.
The investor wants to have margin position where her dollar gain will be $25,000. Assuming an initial margin of 70% and that the investor's prediction about the price change is correct, how much of her own money will she need to invest?
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