A trader purchased 1,000 sbares of stock X at $66 each share using a leverage ratio of 2.22. What was the trader's initial margin ratio and how much did the trader borrow for the entire purchase? Multiple Choice IMR=45\%, total borrowing 536.300 iMR-55\%, total borrowing =36,300 IMR 45%, total borrowing =$29700 IMR=55\%, total botrowing $229,700