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Suppose that XTel currently is selling at $40 per share you buy 800 shares using $25,600 of your own money, borrowing the remainder of the

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Suppose that XTel currently is selling at $40 per share you buy 800 shares using $25,600 of your own money, borrowing the remainder of the purchase price from your broker. The rate on the margin toan is 10% Required: a. What is the percentage increase in the net worth of your brokerage account if the price of Tel immediately changes to (9$44; (10) $40,00 $36? (Leave no cells blank-be certain to enter "0" wherever required. Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.) Percentage goin (1) Percentage gain () Percentage gain b. If the maintenance margin is 20%, how low can XTel's price fall before you get a margin call? (Round your answer to 2 decimal places) Price c. How would your answer to requirement b would change if you had financed the initial purchase with only $16,000 of your own money? (Round your answer to 2 decimal places.) Price d. What is the rate of return on your margined position (assuming again that you invest $25.600 of your own money) & Telis selling after one year at (0) $44,00 5400M) 8367 (Negotive values should be indicated by a minus sign. Round your answers to 2 decimal places) (0) Rate of return Rate of return Rate of return e. Continue to assume that a year has passed. How low can XTel's price fall before you get a margin call? Note: Assume maintenance margin of 20% (Round your answer to 2 decimal places.) Price

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