Antonio is a 25-year-old professional tennis player. when he's not competing, he works as a coach at a local tennis club. caroline is a 40-year-old autoworker who was just laid off by her employer. she is trying to find any kind of job to make ends meet. dmitri is a 45-year-old accountant who has been out of work for almost a year. he became so discouraged that he gave up on his job search a couple of months ago. latasha is a 29-year-old who lost her job as an associate producer for a radio station. after spending a few weeks out of work and interviewing for several other positions, she gave up on her job search and decided to go back to grad school. she made that decision a few months ago.

Suppose that xtel currently is selling at $40 per share. you buy 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. the rate on the margin loan is 8%. a. what is the percentage increase in the net worth of your brokerage account if the price of xtel immediately changes to (a) $44; (b) $40; (c) $36? (leave no cells blank - be certain to enter "0" wherever required. negative values should be indicated by a minus sign. round your answers to 2 decimal places.) b. if the maintenance margin is 25%, how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.) c. how would your answer to requirement 2 would change if you had financed the initial purchase with only $10,000 of your own money? (round your answer to 2 decimal places.) d. what is the rate of return on your margined position (assuming again that you invest $15,000 of your own money) if xtel is selling after one year at (a) $44; (b) $40; (c) $36? (negative values should be indicated by a minus sign. round your answers to 2 decimal places.) e. continue to assume that a year has passed. how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.)