Let’s say a financial institution buys 1,000 shares at $10/sh. If they borrow the maximum amount allowed, how much will the equity portion of the purchase be and how much will be the debit balance

Question

Let’s say a financial institution buys 1,000 shares at $10/sh. If they borrow the maximum amount allowed, how much will the equity portion of the purchase be and how much will be the debit balance

Answer 1

This question is incomplete. There is not rate % that the bank set or coming from the bank.