Question: QUESTION 11 The initial margin requirement on a stock purchase is 60%. You fully use the margin allowed to purchase 150 shares of MSFT at

 QUESTION 11 The initial margin requirement on a stock purchase is

QUESTION 11 The initial margin requirement on a stock purchase is 60%. You fully use the margin allowed to purchase 150 shares of MSFT at $30. If the price drops to $26.4, what is your percentage return? 48.00% -31.00% -57.00% 0 -20.00%

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