Data below is applicable to questions 1 & 2. You have been approached by a trader that requires assistance on margin-buying and short-selling on FirstRand Ltd.. He has provided you with the current Bid and Ask price of FirstRand Ltd. as well as a forecast of the price in 1 month time (see table below). Assume a portfolio value/short position of R10 000.00: Bid | Ask Today R89.11 R91.78 1 Month R63.27 R65.16 Question 1 Calculate the return assuming that shares are purchased on margin, where the margin amount is 80%, loan 20% and maintenance margin is 40%. A) -78.51% B) -74.68% C) -62.23% D) -63.19% E) -63.83% Correct answer is E