Question: Scenario 1; Buying on Margin Lisa opens a margin account and buys 600 shares of XYZ Inc. on margin at a price of $42 per

Scenario 1; Buying on Margin Lisa opens a margin account and buys 600 shares of XYZ Inc. on margin at a price of $42 per share. The share is NOT eligible for reduced margin. What is the initial margin required upon purchase of these shares by Lisa? (2 Marks) The price of XYZ Inc. rises to $48 after three days. What is the new margin requirement? Does Lisa have an excess margin in the account or there is a margin deficiency? How much? (2 Marks) Assuming that the price of XYZ Inc. falls to $38 after three days from the day of purchase. What is the new margin requirement? Is there an excess margin or margin deficiency? How much? (2Marks) Lisa finally sells the XYZ inc. stock when the price is \$50. What is Lisa's Capital Gain or Capital Loss from this transaction? (2 Marks) If XYZ company declared dividend while she has purchased the shares on margin, will she recelve dividend or not

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