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You decide that you want to buy 2,000 shares of Mangalore Corp. common stock at $20.71 per share. You will put up $36,000 of your
You decide that you want to buy 2,000 shares of Mangalore Corp. common stock at $20.71 per share. You will put up $36,000 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
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