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Intro You buy 260 shares on margin at a price of $12.1 each. Your broker requires you to add $1,635.92 of your own money. Part

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Intro You buy 260 shares on margin at a price of $12.1 each. Your broker requires you to add $1,635.92 of your own money. Part 1 What is the initial margin requirement? * Attempt 1/5 for 8 pts. + decimals

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