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15. You are bearish on a technology stock and decide to sell short 100 shares at the current market price of $36.00 per share. a.)

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15. You are bearish on a technology stock and decide to sell short 100 shares at the current market price of $36.00 per share. a.) How much in cash or securities must you put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position b.) How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? 16. Suppose that a technology stock is currently selling at $50 per share. You buy 800 shares using $30,000 of your own money, borrowing the remainder of the purchase price from your broker. The rate on the margin loan is 8%. a.) What is the percentage increase in the net worth of your brokerage account if the price of the stock immediately changes to $55.00. b.) If the maintenance margin is 25%, how low can the price fall before you get a margin call

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