Nancy purchased $80,000 worth of common stock by borrowing $32,000 from her broker. She paid the...

	A.	50.0%
	B.	73.3%
	C.	60.0%
	D.	66.7%

Solutions

Expert Solution

Initial Margin Requirement = (80,000 - 32,000)/80,000

Initial Margin Requirement = 60.0%

Option C is co

jeff jeffy answered 2 years ago

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