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QUESTION THREE You wish to purchase Zam Ltd shares on margin. The shares are currently trading at K20 per share and you provide K10 000

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QUESTION THREE You wish to purchase Zam Ltd shares on margin. The shares are currently trading at K20 per share and you provide K10 000 towards the 50% initial margin requirement The maintenance margin is 30%. suu A. How many shares will be allowed to purchase? (6 Marks) 102 1353 B. Assuming you take the position in part A. above. What will be the return on your investment if the stock price changes to K29 per share? (8 Marks) C. At what price will you receive a margin call? (6 Marks) 215949210 [TOTAL: 20 MARKS]

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