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Suppose you purchase 1,400 shares of stock at $62 per share with an initial cash investment of $43,400. The call money rate is 5 percent

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Suppose you purchase 1,400 shares of stock at $62 per share with an initial cash investment of $43,400. The call money rate is 5 percent and you are charged a 1.5 percent premium over this rate. Ignore dividends. a. Calculate your return on investment one year later if the share price is $70. Suppose instead you had simply purchased $43,400 of stock with no margin. What would your rate of return have been now? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Rate of Return With margin Without margin b. Calculate your return on investment one year later if the share price is $62. Suppose instead you had simply purchased $43,400 of stock with no margin. What would your rate of return have been now? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Rate of Return With margin Without margin c. Calculate your return on investment one year later if the share price is $46. Suppose instead you had simply purchased $43,400 of stock with no margin. What would your rate of return have been now? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Rate of Return With margin Without margin

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