Currently the price of Titanic stock is $20 a share. You have $40,000 of your own funds to invest. Using the initial margin of 50 percent and maintenance margin of 30 percent, what is your percentage profit if you purchase the stock and it rises to $30 a share (ignore dividends and taxes) and what is the stock price for you to receive a margin call?

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.