Intro The price of Walmart stock is currently $38.11 and you decide to buy 110 shares on margin. The inital margin is 60% and the broker's maintenance margin is 50%. The broker charges an effective annual interest rate of 8% on the margin loan. Part 1 How much money do you have to contribute to the account if you borrow as much as possible? 0+ decimals Save Part 2 If the price rises to $46.22 after 9 months, what is the new percentage margin in the account? 2+ decimals Save Part 3 What is your effective annual return? 3+ decimals Save Attempt 1/1 Attempt 1/1 Attempt 1/1

Intro The price of Walmart stock is currently $38.11 and you decide to buy 110 shares on margin. The inital margin is 60% and the broker's maintenance margin is 50%. The broker charges an effective annual interest rate of 8% on the margin loan. Part 1 Attempt 1/1 How much money do you have to contribute to the account if you borrow as much as possible? Part 2 Attempt 1/1 If the price rises to $46.22 after 9 months, what is the new percentage margin in the account? Part 3 Attempt 1/1 What is your effective annual return? What is the minimum value the stock price can take after 9 months before you are issued a margin call