Question: Please help solve and show steps and formulas used. Thank you De Trader opens a brokerage account and purchases 100 shares of Internet Dreams at

Please help solve and show steps and formulas used. Thank youPlease help solve and show steps and formulas used. Thank you De

De Trader opens a brokerage account and purchases 100 shares of Internet Dreams at $54 per share. She borrows $2,600 from her broker to help pay for the purchase. The interest rate on the loan is 11%. a. What is the margin in De's account when she first purchases the stock? Margin $ 2,800 b. If the share price falls to $44 per share by the end of the year, what is the remaining margin in her account? (Round your answer to 2 decimal places.) Remaining margin c. If the maintenance margin requirement is 30%, will she receive a margin call? O Yes O No d. What is the rate of return on her investment? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) Rate of return %

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