3. Suppose that Xtel currently is selling at $20 per share. You buy 1.000 shares using $15,000 of your own money. borrowing the remainder of the purchase price from your broker. The rate on the margin loan is 8%. a. What is the percentage increase in the net worth of your brokerage account if the price of Xtel immediately changes to: ($22; (11) $20 (1) $18? What is the relationship between your percentage return and the percentage change in the price of Xtel? b. If the maintenance margin is 25% how low can Xtel's price fall before you get a margin call? c. How would your answer to (b) change if you had financed the initial purchase with only $10,000 of your own money? d. What is the rate of return on your margined position (assuming again that you invest $15,000 of your own money) if Xtel is selling after 1 year at: ($22(11) $20 (111) $18? What is the relationship between your percentage retum and the percentage change in the price of Xtel? Assume that Xtel pays no dividends, e. Continue to assume that a year has passed. How low can Xtel's price fall before you get a margin call