An investor short sells

75

shares of a stock for

$69.00

per share. The initial margin is

60%,

and the maintenance margin is

40%.

The price of the stock rises to

$82.00

per share. What is the margin, and will there be a margin call?

The margin in the account is

enter your response here%.

(Round to the nearest percent.)Because the current margin is

below

above

equal to

the maintenance margin, there

will not

will

be a margin call.(Select from the drop-down menus.)