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Assume you just purchased 300 shares of Home Depot at $45.51 per share, and 50 percent of this was purchased on the margin. a. Determine

Assume you just purchased 300 shares of Home Depot at $45.51 per share, and 50 percent of this was purchased "on the margin."

a. Determine your contribution to this transaction: Total cost $ ______ Amount borrowed minus ______ Contribution ______

b. What would happen to your investment if the price of Home Depot stock rose to $55.61 per share (ignoring any possible dividends)? Total value $ ______ Loan minus ______ Margin ______ What was your profit?

c. What would happen to your investment if the price of Home Depot stock fell to $35.51 per share (ignoring any possible dividends)? Total value $ ______ Loan minus ______ Margin ______ What was your loss?

a. Assume you just purchased 300 shares of Home Depot at $45.51 per share, and 50 percent of this was purchased "on the margin", the amount of your contribution is $nothing . (Round to the nearest cent.)

b. If the price of Home Depot stock rose to $55.61 per share (ignoring any possible dividends), the total value of the investment would now be $nothing . (Round to the nearest cent.) The loan amount is $nothing . (Round to the nearest cent.) The amount of the margin is now $nothing . (Round to the nearest cent.) The profit is $nothing . (Round to the nearest cent.)

c. If the price of Home Depot stock fell to $35.51 per share (ignoring any possible dividends), the total value of the investment would now be $nothing . (Round to the nearest cent.) The amount of the margin is now $nothing . (Round to the nearest cent.) The loss is $nothing . (Round to the nearest cent and enter as a negative number.) Enter your answer in each of the answer boxes.

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