b) On 4th May 2022, Tom invested in 200 shares of Grow Crop using the margin trading facility provided by his broker. The broker requires an initial margin of 60% and a maintenance margin of 50%. The following table shows the limit order book of Grow Crop stocks when Tom placed his market buy order. Limit buy orders Limit sell orders Price ($) Shares Price ($) Shares 49.75 500 50.50 100 49.50 800 51.50 200 49.25 500 54.75 300 49.00 200 58.25 100 48.50 600 At what average price Tom's market buy order for 200 Grow Corp stock got transacted? How much initial investment Tom had to make to buy these 200 Grow Corp stocks using the margin trading facility provided by his broker? If Grow Corp stock prices drop to $48.00 on 5th May 2022, do you think Tom will receive a margin call on that day? Justify your answer with appropriate calculations. i) ii) iii) b) On 4th May 2022, Tom invested in 200 shares of Grow Crop using the margin trading facility provided by his broker. The broker requires an initial margin of 60% and a maintenance margin of 50%. The following table shows the limit order book of Grow Crop stocks when Tom placed his market buy order. Limit buy orders Limit sell orders Price ($) Shares Price ($) Shares 49.75 500 50.50 100 49.50 800 51.50 200 49.25 500 54.75 300 49.00 200 58.25 100 48.50 600 At what average price Tom's market buy order for 200 Grow Corp stock got transacted? How much initial investment Tom had to make to buy these 200 Grow Corp stocks using the margin trading facility provided by his broker? If Grow Corp stock prices drop to $48.00 on 5th May 2022, do you think Tom will receive a margin call on that day? Justify your answer with appropriate calculations. i) ii) iii)