You want to purchase IBM stock at $80 from your broker using as little of your own

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You want to purchase IBM stock at $80 from your broker using as little of your own money as possible. If initial margin is 50% and you have $2,000 to invest, how many shares can you buy?

a-500 shares

b-25 shares

c-100 shares50 shares

d-200 shares

Posted Date: May 19, 2024 10:07 AM

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You want to purchase IBM stock at $80 from your broker using as little of your own

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