You purchase 205 shares of 2nd chance co stock on margin at


You purchase 205 shares of 2nd Chance Co. stock on margin at a price of $56. Your broker requires you to deposit $5,000.

What is the percentage initial margin requirement?

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Finance Basics: You purchase 205 shares of 2nd chance co stock on margin at
Reference No:- TGS02631334

Now Priced at $10 (50% Discount)

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