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At the beginning of a trading day, you short sold 500 shares of Jasper stock at $41 a share, and 200 shares of Casper at

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At the beginning of a trading day, you short sold 500 shares of Jasper stock at $41 a share, and 200 shares of Casper at $20 a share. Your initial margin is 60% and the maintenance margin is 40%. At the end of the trading day, the closing price of Casper share was $15 a share, and you received a margin call of $100. What is the closing price of Jasper share at the end of the trading day? Assume that you took care of the margin call by depositing additional amount, known as, the margin call deposit. At the beginning of the trading day, you short sold 500 shares of stock for $36 a share. The initial margin requirement is 60 percent. You are also given that the maintenance margin is 40 percent. At the end of the day, the closing price of stock is $42 a share. Will you receive a margin call? If yes, what is the margin call amount in dollars? Suppose that you took care of this margin call by depositing additional amount, prepare the balance sheet of your account after you submitted the margin call deposit and verity that your margin balance is equal to the maintenance margin. At the beginning of a trading day, you short sold 500 shares of Jasper stock at $41 a share, 100 shares of Tasper at $10 a share, and 200 shares of Casper at $20 a share. Your initial margin is 60 percent and the maintenance margin is 40 percent. Assume that your initial equity is equal to the initial margin requirement. At the end of the day, the closing price of Jasper share was $40 a share. You are also given that the difference in the closing price of Casper per share and the closing price of Tasper per share was $7 per share. And your margin balance was 52 percent. What were the prices of Casper per share and Tasper per share at the end of the trading day? Prepare the balance sheet using the prices at the end of the day and verify that the margin balance is 52%. Ignore the interest payments on the margin deposit. [Closing price of Casper per share - Closing price of Tasper per share $7] One year ago, Ms. Short Seller short sold 400 shares of stock at a price per share of $36. The initial margin requirement on her account is 65 percent and the maintenance margin is 40 percent. Today, she covered her short position when the stock price was $33 a share. What is her annualized holding period rate of return? The stock paid dividend of $0.25 a share one day before Ms. Short Seller covered her position. Assume that Ms. Seller never received a margin call in this year and she did not receive any interest on her initial margin deposition

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