On September 1st, you instruct your broker to buy 300 LoyolaHawk share utilizing the full margin. She informs you that you that your margin requirement is 80%. LoyolaHawk is trading at $55/share. Assume interest of 5% is charged on any margin used.

a. How much of your own money you have available to invest?

b. How much, if anything, will you borrow form the broker.

c. If you sell you LoyolaHawk shares on December 1st at a stock price of $58/shares, what will be the amount of your capital gain?

d. what is your yield?