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You entered a long position on TESLA (tic: TSLA) by buying 5 shares. The initial margin is 63% and the maintenance margin in 41%. You
You entered a long position on TESLA (tic: TSLA) by buying 5 shares. The initial margin is 63% and the maintenance margin in 41%. You borrowed 6,511 from the broker when you opened the position and had 12,807 in cash. What is the equity ratio of your position if the price of TSLA is 807?
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