Albert purchased 400 shares of SRV stock at $50 after borrowing $5000 from his broker. 1. At what price would a margin call occur if the maintenance margin is 35%? Ignore interest changes. 2. One year later SRV was priced at $60. What was Albert's percent return assuming no dividends were paid, no margin calls occurred, and margin loans are charged 10% interest?

both please

Albert parchased 400 sheres of SRV stock at $0 after borrowing $000 from his broker. 1. At what price would a margis call occur if the maintenance margin is 35% ? Ignore intercst changes