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You have a margin account with an initial margin requirement of 60%. You buy 21 shares of KPG at $49.78 using your full margin. In
You have a margin account with an initial margin requirement of 60%. You buy 21 shares of KPG at $49.78 using your full margin. In your initial Balance Sheet, how much debt do you have?
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Personal Finance Terms Financial Education Is Your Best Investment
Authors: Thomas Herold
1st Edition
1090822871, 978-1090822871
