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Please provide your answers to questions a ) , b ) , and c ) in the text box below. Please clearly label your answers
Please provide your answers to questions a b and c in the text box below. Please clearly label your answers to a to c To get full points, you also need to show key steps of calculation in the text box.
You initially had $ of your own money in a brokerage account. Then, in this account, you purchased shares of stock A at $ per share.
a A month later, the stock price dropped to $ per share. What is the stock return and what is the return to your equity?
b The minimum maintenance margin required is At what stock price will you receive a margin call?
c Suppose the stock price dropped to $ and you received a margin call. How much additional cash do you need to deposit to your account to satisfy the minimum maintenance margin of
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