Attempts Average / 4 1. Problem 3-01 eBook Problem 3 01 You have $36,000 to invest in Sophie Shoes, a stock selling for $80 a share. The initial margin requirement is 75 percent. Do not round intermediate calculations, Round your answers to two decimal places. Use a minus sign to enter negative values, if any. 3. Ignoring taxes and commissions, calculate your rates of return if the stock nises to $90 a share and if it declines to $30 a share assuming you pay cash for Rate of return if the stock rises to $90 a share: 13 Rate of retum if the stock dedines to $30 a shares -63% b. Ignoring taxes and commissions, calculate your rates of return of the stock rises to $90 a sh and if it declines to $30 a share assuming you buy it using maximum leverage Rate of retum if the stock nises to $90 a share: Rate of return if the stock declines to $30 a share: % Grade it Now Save & Continue Continue without saving