Exercise 9 (choose the closest to what you find) Mr. Shapiro's margin account has an initial margin of 70% and a maintenance margin of 35%. The spot price of stock FN is $260 per share. Mr. Shapiro had $66794 in his account and has just short sold 367 shares of FN. Is Mr. Shapiro going to receive a margin call if the price of FN drops to $335 per share? (in case of no margin call please choose the option with $0) (10 pts) (A) $3762 (B) $0 [C) $4317 (D) $3573 Exercise 10 (choose the closest to what you find) Your margin account has an initial margin of 65% and a maintenance margin of 35%. Five days ago, you had $11440 and you bought 160 shares of stock HT on margin when the price was $110 per share. Today, the price dropped to $53 and you received a margin call but failed to meet the call requirements, how many shares of HT will the broker sell? (15 pts) (A) 43 (B) 36 (C) O (D) 35 Exercise 11 (choose the closest to what you find) Your margin account has an initial margin of 65% and a maintenance margin of 30%. Seven days ago, you had $56420 and you short sold 217 shares of stock SY when the price was $400 per share. Today, the price rose to $515 and you received a margin call but failed to meet the call requirements, how many shares of SY will the broker buy? (15 pts) (A) 15 (B) 14 (C) 22 (DO