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Cows are like buffalo...EXCEPT they're NOT as huge, athletic, and ridiculously good-looking. Confused? Pay attention to key words if you want the real deal.

Intro to Margin Drill

  • 1.

    Tiger buys 1,000 shares of XYZ at $30/share, on margin. Assume that Butch's firm imposes Regulation T margin requirements. What is the amount of Tiger's debit?

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