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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Question 13

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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 3.2. How many shares of RC can Heidi buy?


A) 2,500
B) 2,000
C) 1,000
D) 500
E) 250

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