You have 500 to invest you decide to open a margin account, Financial Management

You have 500 to invest you decide to open a margin account

You have $500 to invest. You decide to open a margin account with you brokerage. The account has an 80% initial margin requirement. You have decided to invest in Firewood inc. stock when the price is$5 per share. When the price rises to $6 per share, what will the debit on your account be?

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Financial Management: You have 500 to invest you decide to open a margin account

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Financial Management: You have 500 to invest you decide to open a margin account

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