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begin{tabular}{|l|r|r|r|} hline & multicolumn{1}{|l|}{ John } & multicolumn{1}{l|}{ Jack } & multicolumn{1}{l|}{ Julia } hline Investors' Expectation About the future & multicolumn{1}{|l|}{ Bullish }

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\begin{tabular}{|l|r|r|r|} \hline & \multicolumn{1}{|l|}{ John } & \multicolumn{1}{l|}{ Jack } & \multicolumn{1}{l|}{ Julia } \\ \hline Investors' Expectation About the future & \multicolumn{1}{|l|}{ Bullish } & \multicolumn{1}{l|}{ Bearish } & \multicolumn{1}{|l|}{ Bullish } \\ \hline The money investors have & $50,000 & $100,000 & $150,000 \\ \hline The Broker Loan & $50,000 & $150,000 & $225,000 \\ \hline Stock Price At time 0 & $100 & $50 & $75 \\ \hline Stock Price At time 1 & $120 & $40 & $30 \\ \hline \end{tabular} d) What will be the initial balance sheet of each investor? (you can fill out the following tables, if you fill more comfortable with handwritten drawings' they are more than welcome) e) What will be the balance sheet of the each investor at the end of the period? \begin{tabular}{|l|r|r|r|} \hline & \multicolumn{1}{|l|}{ John } & \multicolumn{1}{l|}{ Jack } & \multicolumn{1}{l|}{ Julia } \\ \hline Investors' Expectation About the future & \multicolumn{1}{|l|}{ Bullish } & \multicolumn{1}{l|}{ Bearish } & \multicolumn{1}{|l|}{ Bullish } \\ \hline The money investors have & $50,000 & $100,000 & $150,000 \\ \hline The Broker Loan & $50,000 & $150,000 & $225,000 \\ \hline Stock Price At time 0 & $100 & $50 & $75 \\ \hline Stock Price At time 1 & $120 & $40 & $30 \\ \hline \end{tabular} d) What will be the initial balance sheet of each investor? (you can fill out the following tables, if you fill more comfortable with handwritten drawings' they are more than welcome) e) What will be the balance sheet of the each investor at the end of the period

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