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What is the amount that you borrowed to invest in Intel? A. $4,577.70 B. $4,762.80 C. $5,188.30 D. $5,944.60 Suppose you buy 300 shares of

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What is the amount that you borrowed to invest in Intel?

	A.	$4,577.70
	B.	$4,762.80
	C.	$5,188.30
	D.	$5,944.60

Suppose you buy 300 shares of Intel stock at a price of $35.28 per share. Your initial margin is 55%. You borrow at a rate of 8.75%. You sell your Intel stock 4 months later for $42.55 There were no dividends and no commissions

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