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Kam VO 10 You've just opened a margin account with $15,000 at your local brokerage firm. You instruct your broker to purchase 800 shares of

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Kam VO 10 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 $26 per share, a. What is your initial margin? (Enter your answer as a percent rounded to 2 decimal places.) Initial margin b. Construct the equity account balance sheet for this position Assets 800 shares Liabilities and account equity Margin loan Account oquity Total Total MC HIM Graw

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