Investment Management

1. You bought 1,000 shares of AAPL at $110 a share with 50% margin. The margin interest is 5%. What is the price at which you will get a margin call if the maintenance margin is 30%?

2. You bought 1000 shares of CSCO stocks last year for $30. The company paid $1.04 in dividend for the last 12 months and the current stock price is $34. What is your dollar return and relative return?

3. Highgrowth Fund has return of 12%, 18%, 22%, -17%, 10% and 30% over the last 6 years. What is the geometric and arithmetic return?