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B. Daniel has RM36,000 and buys 2 lots of VINVEST (code: 0069) from Vinvest Capital Holdings Berhad at RM76 per share on margin. The initial margin requirement is 50 percent and the maintenance margin is 30 percent. He seeks your assistance to: Show all your working steps. i. The price of VINVEST declines to RM67 per share. Calculate the actual margin for him. (3 marks) ii. The price of VINVEST decreases further to RM61. Show why a margin call is generated or is not warranted. Explain your answer. (4 marks) iii. The price drops yet again to RM46.50. Show by calculations why a margin call is generated. Justify your answer. (4 marks) iv. Based on part (iii), compute the margin call price that he must add into the margin account to bring it into compliance with the margin requirements. (3 marks) B. Daniel has RM36,000 and buys 2 lots of VINVEST (code: 0069) from Vinvest Capital Holdings Berhad at RM76 per share on margin. The initial margin requirement is 50 percent and the maintenance margin is 30 percent. He seeks your assistance to: Show all your working steps. i. The price of VINVEST declines to RM67 per share. Calculate the actual margin for him. (3 marks) ii. The price of VINVEST decreases further to RM61. Show why a margin call is generated or is not warranted. Explain your answer. (4 marks) iii. The price drops yet again to RM46.50. Show by calculations why a margin call is generated. Justify your answer. (4 marks) iv. Based on part (iii), compute the margin call price that he must add into the margin account to bring it into compliance with the margin requirements

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