You have 30000 and decide to invest on margin if the, Financial Management

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You have 30000 and decide to invest on margin if the

You have $30,000 and decide to invest on margin. If the initial margin requirement is 60 percent, what is the maximum dollar purchase you can make? (Round your answer to the nearest whole dollar. Omit the "$" sign in your response.)

Maximum purchase $

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Financial Management: You have 30000 and decide to invest on margin if the

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