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Lauren has a margin account and deposits $30,000. Assume the prevailing margin requirement is 50 percent, commissicns are ignored, and the Gentry Wine Corporation is

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Lauren has a margin account and deposits $30,000. Assume the prevailing margin requirement is 50 percent, commissicns are ignored, and the Gentry Wine Corporation is selling at $40 per share. a. How many shares can Lauren purchase using the maximum allowable margin? Round your answer down to the nearest whole thare, if necessary. shares b. What is Lairen's protit (lass) if the price of Gantry's stock I. rises to \$45? Use a minus slgn to enter loss, if any, Pound your answer to the nearest dollar. Use the reunded value of the number of shares from part a. ii. falks to 5757 Use a minus sign to enter loss, if any, found your answer to the nearest dollar, Use the rounded value of ihe number of shares from part a. c. If the maintenance margin is 40 percent, to what peice can Gentry wine fal before tauren will recelve a margin call? Round your answer to the nearest cent. Use the rounded value of the number of shares from part a

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