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Can someone please double check my work that I have. The price im starting with is 2 3 8 . 2 5 IMR = 5

Can someone please double check my work that I have. The price im starting with is 238.25
IMR =50 MMR =30% Shares =1,000
1. How much money did you have to have in your account before you shorted the stock?
2. Suppose the stock price dropped 20% from the price at which you shorted it. What was
the price?
3. You closed out the short at the price in Problem 2. What was your net cash inflow?
4. What was your return?
5. If you didnt close out the short, how high could the price go before you got a margin
call?
6. If the price increased 20% from the highest it could go without a margin call, what was
the new price?
7. What was your actual margin?
8. What was the amount of your margin call?
9. Suppose you couldnt meet the margin call. What is the maximum market value you
could have?
10. What was the necessary reduction?
11. How many shares did your broker buy?
12. What was the actual reduction?
13. What was the value of your total assets after the reduction?
14. What was the value of your loan after the reduction?
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