1) Barbara buys 150 shares of DEM at $25.00 a share and 230 shares of GOP at $42.00 a share. She buys on margin and the broker charges interest of 9 percent on the loan.

a) If the margin requirement is 45 percent, what is the maximum amount she can borrow? Round your answer to the nearest cent.

__________$

If she buys the stocks using the borrowed money and holds the securities for a year, how much interest must she pay? Round your answer to the nearest cent.

_________$

If after a year she sells DEM for $16.00 a share and GOP for $37.00 a share, how much did she lose on her investment? Use a minus sign to enter the amount as a negative value. Round your answer to the nearest cent.

_________$

What is the percentage loss on the funds she invested if the interest payment is included in the calculation? Use a minus sign to enter the amount as a negative value. Round your answer to two decimal places.

_________%