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W Chapter 2 Question 1 (of 7) value: 10.00 points You purchase 750 shares of 2nd Chance Co. stock on margin at a price of

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W Chapter 2 Question 1 (of 7) value: 10.00 points You purchase 750 shares of 2nd Chance Co. stock on margin at a price of $44. Your broker requires you to deposit $17,500. 1. Suppose you sell the stock at a price of $49. What is your return? What would your return have been had you purchased the stock without margin? (Round your answer to 2 decimal places. Omit the "%" sign in your response.) th margin Without margin 2. What is your return if the stock price is $43 when you sell the stock? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. Omit the "%"sign in your response.) With margin Without margin References eBook & Resources

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