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Do a little prep work before the exam. Know your opponent's weaknesses. You don't want to go into a game of "smashing heads" empty-headed.

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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