3. (15 pts). Assume that you would like to buy 100 shares of a stock that is currently priced at $ 70. The initial margin is 65% and maintenance margin is 35%. If the stock pays $2 per share in annual dividend; the cost of borrowing is 3% per year; transaction costs are $ 80 calculate total dollar return and return on investment. Show your results step by step. Assume that you had bought the stock at $70 per share and it is now at $ 80 at the end of one year and you own 100 shares. Show your results below and in step by step. Capital gain= Dividend Interest cost= Total dollar return Total % return on investment = 4a. (5 pts) You sell short 100 shares of stock at a price of $100 per share with an initial margin of 60 percent and maintenance margin of 25 percent. Show this in a "T" balance sheet format and calculate your margin. Price = 100 Credit for short sale Liability: Market Value of short sale Cash Deposit Equity = Total Assets = Liabilities + Equity= 4.b. (5 pts) Margin= 3. (15 pts). Assume that you would like to buy 100 shares of a stock that is currently priced at $ 70. The initial margin is 65% and maintenance margin is 35%. If the stock pays $2 per share in annual dividend; the cost of borrowing is 3% per year; transaction costs are $ 80 calculate total dollar return and return on investment. Show your results step by step. Assume that you had bought the stock at $70 per share and it is now at $ 80 at the end of one year and you own 100 shares. Show your results below and in step by step. Capital gain= Dividend Interest cost= Total dollar return Total % return on investment = 4a. (5 pts) You sell short 100 shares of stock at a price of $100 per share with an initial margin of 60 percent and maintenance margin of 25 percent. Show this in a "T" balance sheet format and calculate your margin. Price = 100 Credit for short sale Liability: Market Value of short sale Cash Deposit Equity = Total Assets = Liabilities + Equity= 4.b. (5 pts) Margin=