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The price of Walmart stock is currently $36.06 and you decide to buy 100 shares on margin. The inital margin is 60% and the broker's

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The price of Walmart stock is currently $36.06 and you decide to buy 100 shares on margin. The inital margin is 60% and the broker's maintenance margin is 40%, The broker charges an effective annual interest rate of 5% on the margin loan. Part 1 - Attempt 1/3 for 10 pts. How much money do you have to contribute to the account if you borrow as much as possible? Correct Part 2 Attempt 1/3 for 10 pts. If the price rises to $44.17 after 9 months, what is the new percentage margin in the account? Correct Part 3 Attempt 1/3 for 10 pts. What is your effective annual return

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