Suppose that Xtel currently is selling at $60 per share. You buy 400 shares using $15,000 of your own money. borrowing the remainder of the purchase price from your broker. The rate on the margin loan is 8% a. What is the percentage increase in the net worth of your brokerage account if the price of Xtel immediately changes to: $63.90, 00 $60; (0) $56.10? What is the relationship between your percentage return and the percentage change in the price of Xtel? (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 gain (10.40) % Percentage 11. gain 0% Percentage gain 10.40 % b. If the maintenance margin is 25%, how low can Xtel's price fall before you get a margin call? (Round your answer to 2 decimal places.) Margin call will be made at price $ 78.00 or lower c. How would your answer to (b) change if you had financed the initial purchase with only $12,000 of your own money? (Round your answer to 2 decimal places.) Margin call will be made at price $ 72.00 or lower d. What is the rate of return on your margined position (assuming again that you invest $15,000 of your own money) if Xtel is selling after 1 year at () $63.90: (0 $60; (i) $56.10? What is the relationship between your percentage return and the percentage change in the price of Xtel? Assume that Xtel pays no dividends. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.) LRate of retum Rate of return i. 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? (Round your answer to 2 decimal places) Margin call will be made at price or lower