Question: You have a margin account with an initial margin requirement of 60%. You buy 20 shares of KPG at $40.58 using your full margin. In

You have a margin account with an initial margin requirement of 60%. You buy 20 shares of KPG at $40.58 using your full margin. In your initial Balance Sheet, how much debt do you have? (Enter your answer in dollars with 2 decimals, but do not use the "$"}

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