PLEASE ANSWER ALL PARTS OF THE QUESTION

Suppose that XTel currently is selling at $50 per share. You buy 500 shares using $17,500 of your own money, borrowing the remainder of the purchase price from your broker. The rate on the margin loan is 8%. Required: a. What is the percentage increase in the net worth of your brokerage account if the price of Tel immediately changes to () $56: (m) $50 (1) 544? (Leave no cells blank - be certain to enter "0" wherever required. Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.) % 0) Percentage gain 06) Percentage goin (1) Percentage gain % b. the maintenance margin is 30%, how low can XTel's price foll before you get a margin call? (Round your answer to 2 decimal places.) Prion How would your answer to requirement b would change if you had financed the initial purchase with only $12,500 of your own money? (Round your answer to 2 decimal places.) Price