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You have 932,000 to invest in Sophie Shoes, a stock selling for $80 a share. The initial margin requirement is 65 percent. Do not reund

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You have 932,000 to invest in Sophie Shoes, a stock selling for $80 a share. The initial margin requirement is 65 percent. Do not reund intermediate caiculations. fiound your answers to two becimat places. Use a minus sign to enter negative values, if any. a. Ignoring takes and commissons, calculate your rates of return if the stock rises to $90 a share and if k declines to $50 a share assuming you pay eash for the steck. Pate of retum it the stock rises to $90 a share. Nate of retarn if the steck declines to 150 a stare: is b. Tgnaring toxes and commissions, calculate your rates of return if the stock rises to $90 a shere and if it doclines to 550 a share assuming you buy it using maximum feverago. Rate of return if the stock, rises to $90 a share: Rate of return if the stock declines to 550 a share

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