recently, you sold 1,000 shares of stock for $21,400. the sale was a short sale with an initial margin requirement of 60 percent. the maintenance margin is 30 percent. the stock is currently trading at $27.50 a share. what is your current margin position in this stock? a) 24.51% b) 28.11% c) 32.09% d) 43.98% e) 46.69% 28) georgia nursery is a relatively young firm which just paid its first annual dividend of $0.50 a share. management projects dividend increases of 15 percent per year for five years followed by a constant growth rate of 5.0 percent annually. what is this stock worth today if the applicable discount rate is 10 percent? a) $13.59 b) $14.66 c) $15.98 d) $16.16 e) $16.51 29) a stock has a standard deviation of 21.0 percent and a covariance with the market of .0110. the market has a standard deviation of 12.0 percent. what is the beta of this stock? a) 0.294 b) 0.572 c) 0.764 d) 0.973 e) 1.075 30) wilson farms' stock has a beta of .84 and an expected return of 7.8 percent. the risk-free rate is 2.6 percent and the market risk premium is 6 percent. this stock is [ ] because the capm return for the stock is [ ] percent. a) undervalued; 7.34 b) undervalued; 7.64 c) overvalued; 7.34 d) overvalued; 7.64