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Pretty sure Chewbacca stole my pipes, Little Mermaid-style. Don't pull a Wookiee—make sure all of your work is your own.

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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