Multiple Choice
Exhibit 4.2
Use the Information Below for the Following Problem(S)
Heidi Talbott has a margin account with a balance of $50,000. The initial margin deposit is 50 percent, and RC Industries is currently selling at $50 per share.
-Refer to Exhibit 4.2.How many shares of RC can Heidi buy?
A) 2,500
B) 2,000
C) 1,000
D) 500
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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