You purchase 280 shares of 2nd Chance Co. stock on margin at a price of $56. The initial margin requirement is 70 percent. a. Calculate the initial deposit. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct Initial deposit S 10.976.00 b. What would be the return f you had purchased the stock a) with margin and b) without margin under the following situations? (4 negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) () Assume the stock price is $70 when you sell the stock Rate of Return With margin Without margin (i) Assume the stock price is $47 when you sell the stock. Answer is not complete. Rate of Return With margin Without margin