1A. You purchased 100 shares of common stock on margin for $35 per share. The initial margin is 50%, and the stock pays no dividend. What would your rate of return be if you sell the stock at $42 per share? Ignore interest on margin.

		33%
		20%
		28%
		40%
		14%

1B.

You place a market order to sell 100 shares. At what price will the order be executed?

		11.23
		11.24
		11.19
		11.28
		The market order will not be executed.