1. Assume that an investor buys 100 shares of stock at $ 54 per? share, putting up a 55 % margin. If the stock rises to $61 per? share, what is the? investor's new margin? position?
2. One-year Treasury bills currently earn 4.05 percent. You expect that one year from now, 1-year Treasury bill rates will increase to 4.25 percent. The liquidity premium on 2-year securities is 0.07 percent. If the liquidity theory is correct, what should the current rate be on 2-year Treasury securities? (Round your answer to 2 decimal places.)