Question: 1 ) An investor buys $ 2 2 , 2 0 0 worth of a stock priced at $ 2 5 per share using 5

1) An investor buys $22,200 worth of a stock priced at $25 per share using 50% initial margin. The broker charges 6% on the margin loan and requires a 30% maintenance margin. At what price will the investor get a margin call? The stock pays a $0.65-per-share dividend in 1 year, and then the stock is sold at $24 per share. What was the investor's rate of return?

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