you purchased 200 shares of stock on margin. The purchase price was $22 a share. The initial margin requirement on your account is 70% and the maintenance margin is 40%

A) it is now six months later and they market price is $19 per share show your new balance sheet position.

B) The Call money rate is 4.85% and you pay 1.5% above that rate. Today you just saw these chairs for $19 each what is your annualized rate of return?