Question: Please answer all questions and show your work. Clearly state your answer to each problem. Answers without justification/explanation will not be given credit. 1. You
Please answer all questions and show your work. Clearly state your answer to each problem. Answers without justification/explanation will not be given credit. 1. You purchased 2,000 shares of stock at $52 a share. The stock is currently selling for $59 a share. The initial margin was 70 percent and the maintenance margin is 30 percent. What is your current margin position? And what if stock is currently seeling for $40 per share instead of $59. 2. You purchased 300 share for $39.40 each, received a dividend of $0.72 per share, and sold the stock after one year for $41.30 a share. a) What was your dividend yield on this investment? b) What is your capital yield c) What is your total dollar return? d) What is your percentage return 3. Taylor Industries stock is selling for $26 a share. You would like to purchase as many shares of this stock as you can. Your margin account currently has available cash of $3,600 and the initial margin requirement is 60 percent. What is the maximum number of shares you can buy
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