ABC Traders opened an account to short sell 700 shares of XYZ Company. The initial margin requirement was 60%. (The margin account pays no interest.) A year later the price of XYZ Company has fallen from $40 to $33, and the stock has paid a dividend of $1.5 per share. Maintenance margin is 30%.

(a) Compute the remaining margin in the account

(a) Will ABC Traders receive a margin call?

(b) Compute the return on investment.