An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 50% and a maintenance margin of 40%. 24. What is the maximum amount of loan you can borrow for this margin purchase? a. $2,250 b. $4,500 c. $2,700 d. $1,800 25. What is the actual margin when the stock price is $56 (ignore any loan interests)? a. 50.00% b. 59.82% c. 40.18% d. 40.00% 26. What is the price that will trigger a margin call? a. $13.50 b. $54.00 c. $42.00 d. $37.50 27. Suppose the stock price increases to $50 per share in a year and you immediately sell the stock. If the broker charges 10% interest on the loan. What is your retur? a. 10.00% b. 12.22% c. 13.33% d. 11.76% D Focus