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Question
Staci just used $6,000 of cash plus a $3,000 margin loan to purchase $9,000 worth of stock. This is the only transaction in her brokerage account. According to her account balance sheet, she now has account equity of:A. $3,000.
B. $6,000.
C. $9,000.
D. $12,000.
E. $15,000.
Answer
This answer is hidden. It contains 15 characters.
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