YTchannel2221 YTchannel2221
  • 17-04-2024
  • Business
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You have decided that the fees charged by Sue Chen are too high and so you transfer $50,000 to another broker with a lower margin fee. The new margin requirement is a little lower at 40% with no commissions, and a stock Guilon Wine is selling at $35.00 per share. a. How many shares can you purchase using the maximum allowable margin?

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