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Bes is an investor with a margin account. Her brokerage firm requires 50% as the initial margin, and 40% as the maintenance margin. She purchases a stock on margin for $14,000. The stock’s value later drops to $10,000. What is Bes's initial margin amount and maintenance margin amount, respectively?

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Bes is an investor with a margin account. Her brokerage firm requires 50% as the initial margin, and 40% as the maintenance margin. She purchases a stock on margin for $14,000. The stock’s value later drops to $10,000. What is Bes's initial margin amount and maintenance margin amount, respectively?






 
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