Problem 1 Considering the following order book for a line of stock Bid Ask Price Shares Price Shares 20 10 21 15 19 20 22 10 18 5 20 17 30 24 5 [2pts] How much does it cost to place a market buy order for 19 shares? b. 12pts) How mch can we get to place a limit sell order for 47 shares at $17.57 Problem 2 Assume you sold short 20 shares of common stock at $50. The initial margin is 50%. a. 12pts) What would be the new margin if stock price increases to $55 per share? b. 12pts) What stock price would you receive a margin call if the maintenance margin is 30%? c. 12pts) What would be the maintenance margin if a margin call is made at a stock price of SGO? d. [ipt] A yenr later, the stock price has declined to $40. What is the rate of retuum on the investment if the stock has paid dividend of $1 per shure? (Stock borrowers must return the paid dividend to the stock lenders) Problem 3 You purchased 200 shares of common stock ots margin for $30 per share. The initial margin is 40% 1. 12pts] What would be the new margin if stock price declines to $25 per share! b. 12pt] What stock price would you receive a margin call if the maintenance margin is 30%