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$18,000 $19,000 $12,000 Question 2 5 pts Old Economy Traders opened an account to short sell 1,000 shares of Internet Dreams at $50 per share.

image text in transcribed $18,000 $19,000 $12,000

Question 2 5 pts Old Economy Traders opened an account to short sell 1,000 shares of Internet Dreams at $50 per share. The initial margin requirement was 50% (the margin account pays no interest.) A year later, the price of Internet Dreams has risen from $50 to $55, and the stock has paid a dividend of $1 per share. What is the remaining margin in the account? $15,000 $18,000 $19,000 $12,000

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