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10.00 points De Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $34 per share. She borrows $4,400 from her broker

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10.00 points De Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $34 per share. She borrows $4,400 from her broker to help pay for the purchase. The interest rate on the loan is 7%. a. What is the margin in De's account when she first purchases the stock? Margin S b-1. If the share price falls to $24 per share by the end of the year what is the remaining margin in her account? (Round your answer to 2 decimal places.) Remaining margin b-2. If the maintenance margin requirement is 30%, will she receive a margin call? O Yes O No c. What is the rate of return on her investment? (Negative value should be indicated by a minus sig. Round your answer to 2 decimal places.) Rate of return References eBook & Resources 112%

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