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8. (20%) An investor of $10,000 to invest Twitter Inc. currently traded at $100 with 50% initial margin. Suppose Twitter does not pay dividend. Maintenance

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8. (20%) An investor of $10,000 to invest Twitter Inc. currently traded at $100 with 50% initial margin. Suppose Twitter does not pay dividend. Maintenance margin percentage required by the broker is 35%. Ignore the interest on the margin. a) What is the total market value of Twitter stock the investor purchased? b) At what price of Twitter stock will the investor receive a margin call from the broker? c) What is the margin percentage if the Twitter stock drops by 30%? d) What is the rate of return on the investor's investment if the Twitter stock drops by 30%

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