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2. An investor sells short 100 shares of XYZ stock. The current price of XYZ stock is $45 per share. The initial margin requirement is

2. An investor sells short 100 shares of XYZ stock. The current price of XYZ stock is $45 per share. The initial margin requirement is 60% and the maintenance margin requirement is 30%.

A) What is the total amount of assets (in dollars) in the investors account immediately after she sells short?

B) Suppose that the stock price increases to $55 per share. What is the margin (as a percent) in the account after the price increase?

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