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Check my work De Trader opens a brokerage account and purchases 200 shares of Internet Dreams at $44 per share. She borrows $4,150 from her
Check my work De Trader opens a brokerage account and purchases 200 shares of Internet Dreams at $44 per share. She borrows $4,150 from her broker to help pay for the purchase. The interest rate on the loan is 10%. a. What is the margin in De's account when she first purchases the stock? Margin $ 4,650 b. If the share price falls to $34 per share by the end of the year, what is the remaining margin in her account? (Round your answer to 2 decimal places.) Remaining margin 32.87 % c. If the maintenance margin requirement is 30%, will she receive a margin call? Yes No d. What is the rate of return on her investment? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) d. What is the rate of return on her investment? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) Rate of return % This is a numeric cell, so please enter numbers only
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