If the initial margin is 50%, and you are buying 200 shares at P30/share, a....

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Accounting

If the initial margin is 50%, and you are buying 200 shares at P30/share,

a. how much money do you have to have to provide?

b. If you sell at a price of P20 one year from now and the margin interest rate was 10%, what was your rate of return?

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