Question: Using data from the previous questions about Meridian Inc, what will be your rate of return in % after 1 year if Meridian Inc. price

Using data from the previous questions about Meridian Inc, what will be your rate of return in % after 1 year if Meridian Inc. price per share reaches $115.00 at the end of the year, assuming the interest rate on margin account is 9.00% and you close your position at the end of the year? (Round your answer to two decimals; do nog type*% sign.) You purchased 500 shares of Meridian Inc. at $110.00 per share on margin. The IMR is 60.00%, the MMR is 30.00%. Ignore dividends and find your initial investment if you borrowed the maximum allowed amount. (Round your answer to the nearest cent) Question 38 1 pt Using data from the previous question about Meridian Inc., at what price will you receive the margin call? (Round your answer to the nearest cent.)

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