Your broker requires an initial margin of 5 0 % and a maintainance margin of 3 0
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Question:
Your broker requires an initial margin of and a maintainance margin of on a margin account. You deposit $ cash into the account and purchase stocks using all available margin and borrowing the rest from your broker. Later, the value of your stock holdings goes to $ What is your dollar return?
A$
B$
C$
D$
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