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An investor has purchase 3 0 0 shares on margin for $ 4 5 / share . The initial margin was 7 0 % .

An investor has purchase 300shares on margin for $45/share.The initial margin was 70%.How much money did the investor borrow to create the initial position? (express in dollars, omit the dollar sign).If the maintenance margin is 35%,what price would the stock have to fall to to trigger a margin call? (Express in dollars, round to the nearest whole cent).If the stock price falls to $15,how much will the investor have to contribute to return to a 35%maintenance margin? (Express in dollars, omit the dollar sign, round to the nearest whole cent).If the price fell to $15and the investor sold the stock and closed the position, what was the investor's return (Express as a percentage to two decimals, omit the percentage sign)

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