I need just questions 14 answerd

13. Margin Call (LO3, CFA4) Suppose you purchase 500 shares of stock at $48 per share with an initial cash investment of $8,000. If your broker requires a 30 percent maintenance margin, at what share price will you be subject to a margin call? If you want to keep your position open despite the stock price plunge, what alternatives do you have? 14. Margin and Leverage (LO3, CFA4) In Problem 13, suppose the call money rate is 5 percent and you are charged a 1.5 percent premium over this rate. Calculate your return on investment for each of the following share prices one year later. Ignore dividends. a. $56 b. $48 c. $32 Suppose instead you had purchased $8,000 of stock with no margin. What would your rate of return have been now