Suppose that Xtel currently is selling at $62 per share. You buy 300 shares using $12,000 of your own money, borrowing the remainder of the purchase price from your broker. The rate on the margin loan is 9%. a. What is the percentage increase in the net worth of your brokerage account if the price of Xtel immediately changes to: (1) $66.65; (i) $62; (iii) $57.35? 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.) L Percentage gain Percentage gain % % . Percentage gain 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 or lower c. How would your answer to (b) change if you had financed the initial purchase with only $9,300 of your own money? (Round your answer to 2 decimal places.) Margin call will be made at price or lower d. What is the rate of return on your margined position (assuming again that you invest $12,000 of your own money) if Xtel is selling after 1 year at: (1) $66.65; (i) $62; (i) $57.35? 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.) L Rate of return % I Rate of return % Rate of return %