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As the initial transaction in a new margin account, a customer places an order to buy 100 shares of XYZ stock at $15. The customer must deposit:

As the initial transaction in a new margin account, a customer places an order to buy 100 shares of XYZ stock at $15. The customer must deposit:
asked 21.8k views
8 votes
As the initial transaction in a new margin account, a customer places an order to buy 100 shares of XYZ stock at $15. The customer must deposit:

asked
User Spandan Brahmbhatt
by
8.6k points

1 Answer

3 votes

Answer:

$1,500

Step-by-step explanation:

answered
User Walter Macambira
by
8.5k points
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