3. (0.75 pts.) Tori purchased 500 shares of Flagler Enterprises stock at a price of $25 a share. The initial margin was 60% and the maintenance margin is 35%. After the purchase, the stock price drops to $22. What is the margin now (ignore interest)? Will this trigger a margin call?

4. (0.75 pts.) You invested in stock ABC at $50 per share. The purchase was made with 60% margin at 10% annual interest rate on the borrowing. You sold your shares one year later at $60 per share. What is your holding period return?

5. (0.75 pts.) You short sold stock XYZ at $20 per share at an initial margin of 50%; and collected $200,000 sale proceeds. The broker requires maintenance margin of 30%. If the price increases to $25, would it trigger a margin call?

Do them all and make sure about the answers.