Question: Answer the following question and clearly state your answer to the problem. Answer with justification/explanation Taylor Industries stock is selling for $26 a share. You

Answer the following question and clearly state your answer to the

Answer the following question and clearly state your answer to the problem. Answer with justification/explanation Taylor Industries stock is selling for $26 a share. You would like to purchase as many shares of this stock as you can. Your margin account currently has available cash of $3,600 and the initial margin requirement is 60 percent. What is the maximum number of shares you can buy

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