What is your margin loan amount

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You purchase 206 shares of 2nd Chance Co. stock on margin at a price of $52. Your broker requires you to deposit $6,000. What is your margin loan amount?

Reference no: EM131835829

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What is your margin loan amount : You purchase 206 shares of 2nd Chance Co. stock on margin at a price of $52. Your broker requires you to deposit $6,000. What is your margin loan amount?
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