aannc9051 aannc9051

25-01-2024
Business

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A customer's margin account is as follows. Long Market Value$45,000 Debit Balance$20,000 SMA$5,000 Credit Balance$15,000 Short Market Value$9,000 What is the total equity in this account?
a. $6,000
b. $25,000
c. $31,000
d. $36,000

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