Using the following assumptions, calculate the rate of return on a margin transaction for an investor who purchases the stock and the stock price at which the investor who shorts the stock will receive a margin call. Market Price Per Share: $25 Number of Shares Purchased: 1000 Holding Period: 1 year Ending Share Price: $22 Initial Margin Requirement: 50% Maintenance margin: 25% Transaction and borrowing costs: $0 The company pays no dividends What of the following choices is closest to the correct answer The margin transaction return and margin call are: Margin Transaction Return Margin Call（）①A. -24.00% $16.67 ②B. -12.00% $16.67 ③C. -24.00% $30.00

A. The strong-form EMH assumes cost free availability of all information, both public and private.
B. The weak-form EMH suggests that fundamental analysis will not provide excess returns while the semi-strong form suggests that technical analysis cannot achieve excess returns.
C. The semi-strong form EMH addresses market and non-market public information.

A. The ability to react very quickly to public announcements.
B. Having superior abilities to identify patterns of returns based on historical data of economic factors and being able to determine the relationship between a stock return and certain economic factors based on historical data and then use that relationship to make reliable forecasts for future price movements.
C. A strong ability to interpret and estimate the future impact of publicly available information.