Question: The answer is 2 , 5 0 0 . Cosmo can purchase 2 , 5 0 0 shares calculated as follows: $ 5 0 ,

The answer is 2,500. Cosmo can purchase 2,500 shares calculated as follows: $50,000-: 50% initial margin = $100,000 of buying power. $100,000-: $40/share =2,500 shares.

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