USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S) Steve has a margin account with a balance of $60,000. If initial margin requirements are 80 percent, and Jessy Industries is currently selling at $40 per share: Formula Margin = (Market Value - Debit Balance) + Market Value (i). How many shares of Jessy can Steve buy? (ii) What is hid profit (loss) if the share price is $50? (iii) If the maintenance margin is 25 percent, to what price can Jessy Industries fall before Steve receives a margin call