De Trader opens a brokerage account and purchases 200 shares of Internet Dreams at $46 per share. She borrows $2,400 from her broker to help pay for the purchase. The interest rate on the loan is 8%.

a. What is the margin in Des account when she first purchases the stock?

(Round your answer to the whole dollar amount and put it in the following format X,XXX. Do NOT record starting 0's.)

Margin $

b-1. If the share price falls to $36 per share by the end of the year, what is the remaining margin in her account?

(Round your answer to 2 decimal places and put it in the following format XX.XX. Do NOT record starting 0's.)

Remaining margin %

b-2. If the maintenance margin requirement is 30%, will she receive a margin call?

• Yes

• No

c. 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 and put it in the following format XX.XX. Do NOT record starting 0's.)

Rate of return %