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I think I was just confused because of this:
Say a stock is $100 and the margin requirement is 40%, that means you only need to pay $40 of the $100. I had it backwards and thought that the margin only covered $40 (40%) of it so that you had to pay $60.
i think my brains about to die from studying
Edited 1 time(s). Last edit at Friday, December 3, 2010 at 05:06PM by mnieman. |
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