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You buy 700 shares of Quality Corp. for $34 per share on margin, with all...

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Finance

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You buy 700 shares of Quality Corp. for $34 per share on margin, with all of your own money and the other half borrowed from your broket. The next day. Quality Corp's stock price drops to $25 per share. What is the margin in your account that day? 32% 50X 30% 60%

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