You purchase 220 shares of BlueSky Tech stock on margin at a…

You purchase 220 shares of BlueSky Tech stock on margin at a price of $48 per share. Your broker requires you to deposit $7,000 of your own funds. Later, you sell the stock at a price of $60 per share. What is your percentage rate of return?Note: You may choose one of the following options to submit your answers:Type your complete answer directly in the answer field on Blackboard, ORType only the final answer in the Blackboard field, write “see answer on scratch paper,” and show your handwritten work to the camera before proceeding to the next question.

Information for questions 1-5 In a given market, inverse sup…

Information for questions 1-5 In a given market, inverse supply is given by pS = 10 + 2 qS, and inverse demand is given by pD = 100 – qD. For the first four questions, there is no government intervention of any kind, and this market is in a perfectly competitive equilibrium. It will be useful to draw a graph that allows you to keep track of all the numbers and areas. On that graph, place the supply and demand curves (hint: they are just straight lines, and you just need two points to know the entire line), and then all areas, quantities, or prices, that you may want to calculate. You may want to draw your graph roughly on scale, although strictly speaking that’s not necessary, since you won’t use the graph to read off any answers directly, just to keep track of all the numbers that you may need for future use. Only the exact answers are accepted, so make sure to double- and triple-check your reasoning and calculations. Calculate the equilibrium price in this market.