loan)? b. When the price declines to $95 per share will you be called upon to put up more margin to meet the 35 percent minimum maintenance margin requirement? If yes, how much equity would you need to add to your account? If no, how much equity do you have over the minimum required? c. What is your rate of return (loss)? d. Determine the price that will trigger a margin call (30 Points) 2. Owen prepared his tax return and estimated that his taxable income was $130,000. 2. What was his tax liability? (use the table below) b. What were his marginal and average tax rates? (20 Points) Tax Rate Taxable income 10% Up to $9,700 1296 59,701 to $39,475 $39,476 to 584,200 $84.201 to $160,725 3296 $160,726 to 5204,100 35% S204,101 to 5510,300 37% Over $510,300 3. Assume the real return in the economy is 2.5 percent. It is anticipated that the consumer price index will go from 251.3 to 254.1. Shares of common stock for the market in general are assumed to have a required rate of return a third higher than the risk-free rate. Calculate the required rate of return on common stock. (10 Points)