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2) (6 pts) You want to buy 100 shares of MNO using a 60% margin. The maintenance margin is 30%. The current price of MNO

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2) (6 pts) You want to buy 100 shares of MNO using a 60% margin. The maintenance margin is 30%. The current price of MNO is $84. The interest rate on borrowed money is 4% per year. The stock is not expected to pay a dividend over the course of the next year. a) How much money did you have to invest today and how much money did you borrow? Money Invested today =$ Money Borrowed today = $. b) What Price will trigger a Margin Call? Price that will trigger a Margin Call = $_ c) At the end of the year, the stock is trading at $78. What is the rate of return on your investment at the end of one year, include the interest on the money borrowed? Rate of return =

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