Suppose Rina wants to purchase 400 shares of Desertfly stock at $60 per share through Nevada Brokerage. The value of the shares is If Rina does not have enough funding to purchase the shares herself, and Nevada Brokerage requires an initial margin of at least 50 percent, Rina's initial equity investment would need to be at least _ In order for Nevada Brokerage to lend her the funds. If Rina invests this amount, then Nevada Brokerage would cover the remaining If the price of Desertfiy's decreases to $50 per share, then the total value of Rina's shares is now, As a result, Rina still owes the brokerage firm, , and as a result, her equity position is now represents of the stock. If Nevada Brokerage requires a maintenance margin of 30 percent, then Rina receive a margin call from Nevada Brokerage. If Nevada Brokerage requires a 10 percent annual interest payment on the loaned funds, the shares paid out an annual divided of $4 per share, and Rina sold the shares at the end of the year when the price dropped to $50 per share, then what would her return on stocks purchased on margin be? 34.50 percent 32.40 percent 30.00 percent 24.00 percent If Nevada Brokerage requires a 10 percent annual interest payment on the loaned funds, the shares paid out an annual divided of $4 per share, and Rina sold the shares at the end of the year when the price dropped to $50 per share, then what would her return on stocks purchased on margin be? 34,50 percent 32.40 percent 30.00 percent 24.00 percent If Rina was able to fund the entirety of the stock purchase herself and sold the shares at the end of the year when the price dropped to $50 per share, then what would her return on stocks purchased be? 12.20 percent 11.00 percent 10.00 percent 8.70 percent True or False: Based on your calculations, it can be concluded that purchasing stock on margin resuits in more losses if the stock price decreases. True False