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You are buying on margin for Company A's stocks. The current price is $70/share, you want to long 600 shares. The initial margin requirement is

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You are buying on margin for Company A's stocks. The current price is $70/share, you want to long 600 shares. The initial margin requirement is 50%. What amount is your initial equity? (Please write your answer as an integer without dollar sign or comma. (e.g. 5000))

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