Exercise 4 (choose the closest to what you find) Mr. Biggerstaff's margin account has an initial margin of 60% and a maintenance margin of 40%. The spot price of stock KG is $260 per share and Mr. Biggerstaff wants to short sell 385 shares of KG. How much should he have in his account before short selling the shares? (5 pts) (A) $44660 (B) $60060 [C) $19960 (D) $89060 Exercise 5 (choose the closest to what you find) Mr. Przebinda's margin account has an initial margin of 65% and a maintenance margin of 40%. The spot price of stock AB is $90 per share. Mr. Przebinda had $9945 in his account and has just bought 170 shares of AB on margin. Is Mr. Przebinda going to receive a margin call if the price of AB drops to $46 per share? (in case of no margin call please choose the option with $0) (10 pts) (A) $663 (B) $0 (C) $616 (D) $674