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You are bullish on ABC Co . stock. You buy 3 6 0 shares at $ 1 7 5 per share on margin. The initial

You are bullish on ABC Co

.

stock. You buy

360

shares at $

175

per share on margin. The initial margin percentage is

55 %

and the maintenance margin percentage is

25 % .

What is the loan amount on the liability

/

equity side of the initial t

-

account?

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