Question: 4 points Use the following information to solve for FIVE QUESTIONS. Therefore, questions ( # 1 1 - # 1 5 ) will be based

4 points
Use the following information to solve for FIVE QUESTIONS. Therefore, questions (#11- #15) will be based on this same information.
DO NOT ROUND YOUR INTERIM CALCULATIONS FOR ACCURATE RESULTS.
Six months ago, you purchased 600 shares of stock on margin. The initial margin requirement on your account is 60% and the maintenance margin is 40%. The call money rate
plus the spread is 5%. The purchase price was $15 per share.
Today, you sold these shares for $17 each.
QUESTION #5. What is your Holing Period Return (HPR) and Effective Annual Return (EAR)?
ANSWER #5. approximately HPR =
and EAR=
WRITE YOUR ANSWER IN A PERCENTAGE FORMAT WITH ONLY INTEGERS WITHOUT THE % SIGN
(for example, 10.40% should be written as 10 rather than 0.1040
 4 points Use the following information to solve for FIVE QUESTIONS.

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