Question: Please solve NOT using excel. x & y = 6 Margin Buy You are bullish on Tesla. The current market price is $400 per share,

Please solve NOT using excel.

x & y = 6

Margin Buy You are bullish on Tesla. The current market price is $400 per share, and you have $36,000 of your own to invest. You borrow an additional $24,000 from your broker and invest $60,000 in Tesla. (1) If the maintenance margin is 4X%, How far does the price of Tesla stock have to fall for you to get a margin call? (2) If the maintenance margin is 5Y%, How far does the price of Tesla stock have to fall for you to get a margin call

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