You have $12,000 that you want to spend on purchasing TSLA stocks that are worth...
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You have $12,000 that you want to spend on purchasing TSLA stocks that are worth $800.00 per share. If you are purchasing TSLA stocks on margin, and the initial margin requirement is 60%, and the maintenance margin requirement is 40%, what is the maximum amount of TSLA shares you could buy? Assume that you can buy fractions of a share if needed
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