Question 23 (1 point) An investor buys 100 shares of Lunox Company at $50 per share on margin with an initial margin of 60% and a maintenance margin of 30% percent. Assume you pay 5% on your borrowed amount Assume the stock price increases to $70, what is your return on the margin account? None of the answers is correct 63.33% 40% 126.66% 24%