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the stock paid $1.47 per share in cash dividends. Sara was charged 4.6% annual interest on the margin loan. The minimum maintenance margin was 25%.

image text in transcribed the stock paid $1.47 per share in cash dividends. Sara was charged 4.6% annual interest on the margin loan. The minimum maintenance margin was 25%. a. Calculate the initial value of the transaction, the debit balance, and the equity position on Sara's transaction. (1) \$175.66, (2) \$206.73, and (3) \$121.95. c. Calculate the dollar amount of (1) dividends received and (2) interest paid on the margin loan during the 7-month holding period. d. Use each of the following sale prices at the end of the 7-month holding period to calculate Sara's annualized rate of return on the Apple stock transaction: (1) $185.65, (2) \$195.39, and (3) \$206.35. a. The initial value of the transaction is $5,689.5. (Round to the nearest cent.) The debit balance is ? (Round to the nearest cent.) The equity position is ? (Round to the nearest cent.)

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