You purchased 100 shares of common stock on margin for $60 per share. The initial margin is 50%, and the stock pays no dividend. What would your rate of return be if you sell the stock at $72 per share? Ignore interest on margin Multiple Choice 28. o 33% O O 40% 24% Assume you sell short 100 shares of common stock at $45 per share, with initial margin at 50% What would be your rate of return if you repurchase the stock at $40 per share? The stock paid no dividends during the period, and you did not remove any money from the account before making the offsetting transaction Multiple Choice 20.03% 25.67% 22.22% 77.46% Homework Consider the following limit-order book for FinTrade stock. The last trade in the stock occurred at a price of $101. Limit buy Orders Price Shares $100.75 500 100.50 400 100.25 500 100.00 300 99.50 600 Linit Sell Order Price Shares $101.25 100 101.50 100 104.75 300 108.25 100 a. If a market buy order for 100 shares comes in, at what price will it be filled? (Round your answer to 2 decimal places.) Price b. At what price would the next market buy order be filled? (Round your answer to 2 decimal places.) Price c. If you were a security dealer, would you want to increase or decrease your inventory of this stock? Increase O Decrease