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Business, 19.06.2020 03:57 zinai123

A customer establishes a combined margin account by purchasing $20,000 of ABC stock and selling short $30,000 of XYZ stock, depositing the Regulation T requirement. Subsequently, the market value of the ABC position increases to $25,000, while the market value of the XYZ position decreases to $26,000. If no other activity occurs in the account, the account will show a current SMA balance of:

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