You have $36,000 to Invest in Sophie Shoes, a stock selling for $60 a share. The initial margin requirement is 65 percent.  calculate your rates of return if the stock rises to $90 a share and if it declines to $40 a share assuming you pay cash for the stock.  calculate your rates of return if the stock rises to $90 a share and if it declines to $40 a share assuming you buy it using maximum leverage.

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