Q1 Monitored from the charts of the ascending new high new low ratio and lower TRIN index, Igen bought 200 shares of stock at a price of $10 per share. She used her 70% margin account to make the purchase. Igen sold her shares after a year for $12 per share and received $0.50 per share as dividend during the holding period. The broker charges margin interest at 5% and $30 transaction cost for each purchase and sale transaction. Required: (i) Determine the factor that made Jgen decide on her strategy. (1 mark) (ii) Compute Jgen's return on this investment (5 marks) (iii) If the maintenance margin is set at 30%, determine the price when margin call will be received and explain the repercussion if the call is ignored. (3 mark) Q1 Monitored from the charts of the ascending new high new low ratio and lower TRIN index, Igen bought 200 shares of stock at a price of $10 per share. She used her 70% margin account to make the purchase. Igen sold her shares after a year for $12 per share and received $0.50 per share as dividend during the holding period. The broker charges margin interest at 5% and $30 transaction cost for each purchase and sale transaction. Required: (i) Determine the factor that made Jgen decide on her strategy. (1 mark) (ii) Compute Jgen's return on this investment (5 marks) (iii) If the maintenance margin is set at 30%, determine the price when margin call will be received and explain the repercussion if the call is ignored. (3 mark)