i need part a answered and for part b, i just need to know what the 6% is

10 33. [10 points) An investor puts up $12,000 but borrows an equal amount of money from his broker to double the amount invested to $24,000. The broker charges 6% on the loan. The stock was originally purchased at $60 per share, and in 1 year the investor sells the stock for $65. The maintenance margin requirement is 40%. A. At what stock price will you get a margin call? 24000 - 400 p =-40 40P 24000-400P = 160P 4000 YOUP B. What is the interest charge for the margin loan? 24ww-sloop 6% of that? 3