You are bullish on Telecom stock. The current market price is $59 per share, and you have $6,500 of your own to invest. You borrow an additional $5,890 from your broker at an interest rate of 9.5% per year and invest $12,390 in the stock. (a) What will be your rate of return if the price of Telecom stock goes up by 30% during the next year?

(B) How far does the price of Telecom stock have to fall for you to get a margin call if the maintenance margin is 30%? Assume the price fall happens immediately.