Assume that you want to purchase 4 round lot shares of GP. The current share price of GP is $56. Your initial margin is 65%. Maintenance margin is 27%. GP pays half yearly dividend of $1 per share. For the borrowed amount you have to pay interest of 7% per annum. After 3 month you want to sell the shares for $62. MCQ( Need Working) Question: 1. Find out transaction cost, equity and borrowed amount. A) Transaction cost= 22,400, Equity = 7840, Borrowed Amount = 14560 B) Transaction cost= 22,400, Equity = 14560, Borrowed Amount = 7840 C) Transaction cost= 22,400, Equity = 8680, Borrowed Amount = 16120 D) Transaction cost= 22,400, Equity = 16120, Borrowed Amount = 8680 2. After 3 days of purchase if the share price increases by 5% what is the actual margin (approximate) and comment? A) 66.67%,Restricted Account B) 67.86%,Excess Account C) 67.86% Margin Account D) 66.66% Excess Account 3. After 5 days of purchase if the share price decreases by $30 what is the actual margin (approximate) and comment? A) 24.61%,Margin call B) 37.67%, margin call C) 37.67% Excess Account D) 24.61% Restricted Account 4. Calculate margin call price (approximate). A) $76.712 B) $ 49.863 C) $ 26.849 D) $ 53.678 5. How many shares you need to sell (approximate) to recover margin call? A) 919 B) 35 C) 569 D) 27 6. Calculate total dividend amount for a quarter? A) $800 B) $400 C) $ 600 D) $ 200 7. Calculate interest amount (approximate) for a quarter? A) $ 261.8 B) $ 27.489 C) $ 137.2 D) $ 523.6 8. Calculate the return on investment amount (approximate) for a quarter? A) 16.91% B) 31.41% C) 18% D) 50.74% 9. Calculate the return on investment amount (approximate) for a nine months? A) 50.73% B) 50% C) 16.91% D) 94.23% (Need All Math Working)