Suppose that you purchased 2,000 shares of ABC at $14 per share on margin. You will use all $20,000 of your own saving. The initial margin requirement and maintenance margin is 50% and 40% respectively. The borrowing interest rate is 8% p.a. and margin interest is compounded monthly. a) Construct the T-account immediately after the position is set up. b) How much of your saving do you have to lose before getting a margin call from your broker? What will the stock price be at that time? (ignore the borrowing interest) c) Calculate the APR if you sell your ABC shares at $18 per share six months later. d) Identify any TWO risks when short selling a stock in the market.