You are bullish on ABC Co. stock. You buy 170 shares at $166 per share...
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You are bullish on ABC Co. stock. You buy 170 shares at $166 per share on margin. The initial margin percentage is 50% and the maintenance margin percentage is 20%. What is the share value on the asset side of the initial t-account? (use 2 decimal places without $, so $10.00 is 10.00)
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