Q7-Q10 are based on the followiog paragraphy You have $5,000 cash and borrow another $5.000 from the broker to purchase 200 shares of XYZ common stock on margin at $50 per share. Assume the maintenance margin is 30%, the stock pays no dividends, and there is no interest on the margin loan. 7) What is your initial margin? O 30% O 50% 100% Question 8 1 pts You will get a margin call if the stock drops below $38.95 $46.55 $35.71 $40.77 Question 9 1 pts Assuming that the price drops to $32 and you get a margin call, how much cash do you need to add to the account to meet the maintenance margin requirement? None of the others 56.400 $520 $1,920 Question 10 1 pts Assuming that the price drops to $32 and you get a margin call how many shares do you need to sell to meet the maintenance margin requirement if you do not have extra cash? None of the others O 146 O 55 0 145