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Suppose that Xlel currently is selling at $60 per share. You buy 1,000 shares using $48,000 of your own money, borrowing the remainder of the

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Suppose that Xlel currently is selling at $60 per share. You buy 1,000 shares using $48,000 of your own money, borrowing the remainder of the purchase price from your broker. The rate on the margn loan is 8% a. What is the percentage increase in the net worth of your brokerage account if the price of Xlel immediately changes to (a) s66, (b) $60, (c) $54? (Leave no cells blank-be certain to enter "o" wherever required. Negative values should be indicated by a minus sign. Round your answers to 2 decimal places a Percentage gain b Percentage gain c Percentage gain b. if the mantenance margin is 20%, how low can xters price tall before you get a margin can (Round your answer to 2 decimal places.) Price$ answer to requirement 2 would change if you had financed the initiai purchase win ony $30.000 of your own money? (Round your answer to 2 decimal places.) Strike price 560. (c) $547 (Negative values s the rate of returm on your margined postion (assuming again that you invest $48,000 of your own money) el ts selling after one year at (a) 566 0) should be indicated by a minus sign. Round your answers to 2 decimal places ) a Rate of return b Rate of return c Rate of return e. Continue to assume that a year has passed How low can Xiel's price tail before you get a margin cai? (Round your answer to 2 decimal places) Price S

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