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Suppose that you just purchased 150 shares of Talk&Tell stock for $50 per share. If the initial margin requirement is 65.50%, how much money must

Suppose that you just purchased 150 shares of Talk&Tell stock for $50 per share.

If the initial margin requirement is 65.50%, how much money must you borrow? (Round your answers to 2 decimal places.)

Construct the balance sheet that corresponds to the transaction.

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