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What is the margin amount that andrea will have

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Question - Andrea purchased 500 shares of the Brazilian Power Company stock at $1.90 per share in early morning trading and promised to deposit sufficient margin in her account before business opened the following morning. If the price of the shares fluctuated between $1.60 and $2.05 that day before closing at $1.70, what is the margin amount that Andrea will have to deposit (assuming that she does not currently have any cash or other securities in her account)?

Reference no: EM133068718

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