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10.00 points You've just opened a margin account with $15,000 at your local brokerage firm. You instruct your broker to purchase 800 shares of Landon

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10.00 points You've just opened a margin account with $15,000 at your local brokerage firm. You instruct your broker to purchase 800 shares of Landon Golf stock, which currently sells for $54 per share. 1. What is your initial margin? (Round your answer to 2 decimal places. Omit the "%" sign in your response.) Initial margin 2. Construct the equity account balance sheet for this position. (Omit the "S" sign in your response.) Assets Liabilities and account equity Margin loan Account equity 800 shares Total Total Greece-Countr...jpg

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