An investor has a margin account with $7,000 in cash deposited. The investor purchases $10,000 of...
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An investor has a margin account with $7,000 in cash deposited. The investor purchases $10,000 of shares priced at $50 per share. What is the resulting margin level (in percent) if the price falls to $45? (State your answer to the nearest 2 decimals in a percentage point basis, so 85.25% would be entered "85.25" below.) An investor has a margin account with $7,000 in cash deposited. The investor purchases $10,000 of shares priced at $50 per share. What is the resulting margin level (in percent) if the price falls to $45? (State your answer to the nearest 2 decimals in a percentage point basis, so 85.25% would be entered "85.25" below.)
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The investor purchased 200 shares 10000 divided by 50 pe... View the full answer
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