How much cash would you need to purchase 500 shares of stock at $21 per share plus brokerage commissions of $125,if you purchase on margin and the margin requirement is 50%?
(a)$10,625
(b)$5,312.50
(c)$10,500
(d)$5,250

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The Answer of How much cash would you need to purchase 500 shares of stock at $21 per share plus brokerage commissions of $125,if you purchase on margin and the margin requirement is 50%?
(a)$10,625
(b)$5,312.50
(c)$10,500
(d)$5,250

How Much Cash Would You Need to Purchase 500 Shares