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5- You long 2000 shares of XYZ at $25 a share. Assume the Regulation T rate is 40%. You send the required amount to your

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5- You long 2000 shares of XYZ at $25 a share. Assume the Regulation T rate is 40%. You send the required amount to your broker. Show your account. 6- (Continued from problem 5) After a week XYZ jumps to $28 in the market. a) Show your account. b) What is your buying power? c) Suppose you use your buying power and buy additional XYZ stocks at $28. Show your account

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