You want to buy 1,000 shares of Devon Energy (DVN) at a price of $24 per share.
Question:
You want to buy 1,000 shares of Devon Energy (DVN) at a price of $24 per share. You put up $18,000 and borrow the rest. What does your account balance sheet look like?
What is your margin?
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Muhammad Umair
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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