5. The margin requirement on a stock purchase is 30%, You fully use the margin allowed to purchase 100 shares of MSFT at $25. If the price drops to $22, what is your percentage loss? A.9% B. 36% C. 48% D. 5796 none of the above 6. If you require a real growth in the purchasing power of your investment of 8%, and you expect the rate of inflation over the next year to be 3%, what is the lowest nominal return that you would be satisfied with? A. 3% B.8% C. 11% D. 11.24% l,oy Enone of the aboe 7. Consider a mutual fund with $100 million in assets at the start of the year and 5 million shares outstanding. If the gross return on assets s 6% and the total expense ratio is 2% of the year-end value, what is the rate of return on the fund? A. 15.64% B.16% C. 27.25% D. 29.85% none of the above 8. The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $100 million. It has liabilities of $20 million and 10 million shares outstanding. If the fund sells for $7.26 a share, what is its premium or discount as a percent of NAV? A. 9.25% premium B. 8.47% premium c) 9.25% discount D. 8.47% discount E. none of the above