Please show all the workings

Question:

Assume that you want to purchase 4 round lot shares of GP. The current share price of GP is $56. Your initial margin is 65%. Maintenance margin is 27%. GP pays half yearly dividend of $1 per share. For the borrowed amount you have to pay interest of 7% per annum. After 3 month you want to sell the shares for $62.

Find out transaction cost, equity and borrowed amount. O Transaction cost = 24,800; Equity = 16,120; Borrowed Amount = 8,680 O Transaction cost = 24,800; Equity = 8,680; Borrowed Amount = 16,120 Transaction cost = 22,400; Equity = 14,560; Borrowed Amount = 7,840 O Transaction cost = 22,400; Equity = 7,840; Borrowed Amount = 14,560 After 3 days of purchase the share price increases by 5% what is the actual margin (approximate) and comment? 67.86%; Margin Account 66.67%; Restricted Account O 66.66% Excess Account O 67.86%; Excess Account After 5 days of purchase if the share price decreases by $30 what is the actual margin (approximate) and comment? O 37.67%; Excess Account 0 24.61% Restricted Account 0 37.67%; Margin Call 0 24.61% Margin Call Calculate margin call price (approximate). O $76.712 $49.863 $53.678 O $26.849 How many shares you need to sell (approximate) to recover margin call? 0 35 569 919 O 27 Find out transaction cost, equity and borrowed amount. O Transaction cost = 24,800; Equity = 16,120; Borrowed Amount = 8,680 O Transaction cost = 24,800; Equity = 8,680; Borrowed Amount = 16,120 Transaction cost = 22,400; Equity = 14,560; Borrowed Amount = 7,840 O Transaction cost = 22,400; Equity = 7,840; Borrowed Amount = 14,560 After 3 days of purchase the share price increases by 5% what is the actual margin (approximate) and comment? 67.86%; Margin Account 66.67%; Restricted Account O 66.66% Excess Account O 67.86%; Excess Account After 5 days of purchase if the share price decreases by $30 what is the actual margin (approximate) and comment? O 37.67%; Excess Account 0 24.61% Restricted Account 0 37.67%; Margin Call 0 24.61% Margin Call Calculate margin call price (approximate). O $76.712 $49.863 $53.678 O $26.849 How many shares you need to sell (approximate) to recover margin call? 0 35 569 919 O 27