You are bullish on BL stock. It is currently trading at $50 per share. You have $6,000 and want to invest as much as possible into this stock. The initial margin requirement for the stock is 40% and the maintenance margin is 25%. The broker charges 5% on borrowed margin funds.

A) How many shares can you purchase, if you utilize your margin account fully?

B) Suppose in exactly one year, the stock is now trading at $70 and you get out of your position. What is your percentage return? (Dont forget interest on margin loan!)

C) Now suppose in exactly one year the investor gets a margin call. What must be the stocks price? (Dont forget interest on margin loan!)