Question: Margin $: Your margin account requires an initial margin of 50%, and a maintenance margin of 30%. You deposit $74,000 cash in a brokerage account

Margin $: Your margin account requires an initial margin of 50%, and a maintenance margin of 30%. You deposit $74,000 cash in a brokerage account and purchase stocks using all available margin and borrowing the rest from your broker. Later, the value of your stock holdings goes to $107,000. What is your dollar return?

$74,000 Gain

$33,000 Gain

$41,000 Loss

$41,000 Gain

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