1. You purchase 685 shares of ABC Co. stock on margin at a price of $33. Your broker requires you to deposit $15,111. What is the initial margin requirement in percent? Answer to two decimals.

2. You purchased 381 shares of PQR, Inc., stock on 60% margin when the stock was selling for $34.3 a share. The stock is currently selling for $41.35 a share. What is your current equity position (in $)? Answer to two decimals.

3. You purchase 647 shares of XYZ Co. stock on margin at a price of $32. Your broker requires you to deposit $6,036. A month later, you sell the stock at a price of $32. What is your return in percent? Answer to two decimals.

4. Tom purchased 576 shares of stock on margin for $26.11 a share and sold the shares 9 months later for $28.43 a share. The initial margin requirement was 65 percent and the maintenance margin was 28 percent. The interest rate on the margin loan was 7 percent. He received no dividend income. What was his holding period return (in percent)? Answer to two decimals.

5. You buy 806 shares of stock at a price of $45.36 and an initial margin of 52 percent. What is the maximum percentage decline in the stock before you will receive a margin call if the maintenance margin is 34 percent? Answer to two decimals and include minus sign in answer.

Please answer all 5. Thanks