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D e Trader opens a brokerage account and purchases 1 0 0 shares of Internet Dreams at $ 6 0 per share. She borrows $

De Trader opens a brokerage account and purchases 100 shares of Internet Dreams at $60 per share. She borrows $2,000 from her
broker to help pay for the purchase. The interest rate on the loan is 10%.
Required:
a. What is the margin in De's account when she first purchases the stock?
b. If the share price falls to $50 per share by the end of the year, what is the remaining margin in her account?
Remaining margin
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.)
Rate of return
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