PPT Slide

1 100 100 $10,000 $5000 $5000 50%

2 125 100 12,500 5000 7500 60%

# Total Marginday Price shares Value Borrowings Equity ratio

equity beginning equity = $7,500

margin = = 50%. ==> equity = $6,250

ratio 12,500 max. withdrawal = $1,250

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