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Check my work Problem 3-11 Suppose that Xtel currently is selling at $52 per share. You buy 500 shares using $20,000 of your own money.

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Check my work Problem 3-11 Suppose that Xtel currently is selling at $52 per share. You buy 500 shares using $20,000 of your own money. borrowing the remainder of the purchase price from your broker. The rate on the margin loan is 9% a. What is the percentage Increase in the net worth of your brokerage account of the price of Xtel Immediately changes to $56.68 $52 $4732? What is the relationship between your percentage return and the percentage change in the price of tol? (leave no cells blank-be certain to enter wherever required. Negative values should be indicated by a mission. Round your answers to 2 decimal places.) Percentage gain Percentage gain b. If the maintenance margins 25%, how low can Xtel's price fall before you get a margin call? (Round your answer to 2 decimal places.) Marincat wit be made at price C. How would your answer to to change if you had financed the initial purchase with only $13.000 of your own money Round your answer to 2 decimal places) Type here to search d. What is the rate of return on your margined position (assuming again that you Invest $20,000 of your own money) if Xtolis selling after year at $56.68 $52:0) $47.322 What is the relationship between your percentage return and the percentage change in the price of tel? Assume that Xtel pays no dividends. (Negative values should be indicated by a minus ston, Round your answers to 2 decimal places.) Rate of return Rate of return Rate of return e. Continue to assume that a year has passed. How low can Xtel's price fall before you get a margin call? (Round your answer to 2 decimal places.) Margin call will be made at price or lower

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