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A B and C worked out thanks 15. De Trader opens a brokerage account and purchases 300 shares of Internet Dreams at S40 per share.

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15. De Trader opens a brokerage account and purchases 300 shares of Internet Dreams at S40 per share. She borrows $4,000 from her broker to help pay for the purchase. The interest rate on the loan is 8%. (LO 34) a. What is the margin in Dee's account when she first purchases the stock? b. If the share price falls to $30 per share by the end of the year, what is the remain- ing margin in her account? If the maintenance margin requirement is 30%, will she receive a margin call? What is the rate of return on her investment? c

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