Question: In an initial transaction in a margin account, Alyssa Hudson purchases 100 shares of Hopeful Corporation common stock at $12 per share. How much must

In an initial transaction in a margin account, Alyssa Hudson purchases 100 shares of Hopeful Corporation common stock at $12 per share. How much must Alyssa deposit to meet the margin requirement?

(A) $600

(B) $1,200

(D) Cannot be determined

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