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You decide that you want to buy 2,000 shares of Mangalore Corp. common stock at $26.73 per share. You will put up $37,000 of your
You decide that you want to buy 2,000 shares of Mangalore Corp. common stock at $26.73 per share. You will put up $37,000 of your own money and borrow the remainder on margin. What is your current margin position? Submit your answer as a percentage rounded to two decimal places (Ex. 0.00%).
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