Question: Question 33 (15 marks) (Show all working clearly. Round off answers to 2d.p.) Jekope Bezalel T is an Engineer who is looking to invest

Question 33 (15 marks) (Show all working clearly. Round off answers to 2d.p.) Jekope Bezalel T is an Engineer who is looking to invest in a diversified portfolio of shares using a margin loan facility. He seeks to borrow the maximum available from the margin lender, BSP Bank, on an interest-only basis based on the following proposed share investment portfolio and loan-to-valuation ratio (LVR) as agreed by the lender: Required: Details Amey Primark AFL Fiji Air a. State one benefit of margin lending. (1m) Purchase Value ($) LVR (%) 15,000 60% 45,000 60% 35,000 70% 25,000 70%

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