Question: Check my work Problem 3-15 Dee Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $28 per share. She borrows $3.000
Check my work Problem 3-15 Dee Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $28 per share. She borrows $3.000 from her broker to help pay for the purchase. The interest rate on the loan is 12% a. What is the margin in Dee's account when she first purchases the stock? Margin ont (Round your answer to b. If the share price fails to $1 per share by the end of the year what is the remaining man in het 2 decimal places.) Remaining margin
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