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You are bullish on Curious Inc. stock and decide to purchase 200 shares at $30 per share. To do the transaction, you borrowed $2,000 from
You are bullish on Curious Inc. stock and decide to purchase 200 shares at $30 per share. To do the transaction, you borrowed $2,000 from your broker on 9% interest. What is the remaining margin on your account, if the share price drops to $17.3 a year later?(Provide your answer in % rounded to two digits omitting the % sign)
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