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Assume you buy 1 0 0 shares of stock at $ 4 0 per share on margin ( 4 0 percent ) . If the

Assume you buy 100 shares of stock at $40 per share on margin (40 percent). If
the price rises to $55 per share, what is your percentage gain on the initial equity?
In problem 1, what would the percentage loss on the initial equity be if the
price had decreased to $28?
-3. Assume you have a 25 percent minimum margin standard in problems 1 and 2.
With a price decline to $28, will you be called upon to put up more margin to meet
the 25 percent rule? Disregard the $2,000 minimum margin balance requirement.PLEASE ANSWER ONLY QUESTION 3
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