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Suppose that you buy 200 shares of XYZ at $80 per share and that you finance $6,000 of your investment with a margin loan at

Suppose that you buy 200 shares of XYZ at $80 per share and that you finance $6,000 of your investment with a margin loan at 6% interest. What is your initial margin? (Do not round intermediate calculations. Negative values should be indicated by a minus sign. Round your answer to 1 decimal place.)

Initial Margin %

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