Intro You decide to sell short 350 shares at a price of $64.49 each. The initial margin requirement is 50% Part 1 Attempt 1/3 for 10 pts. How much money do you have to contribute to the account? 11285.75 Correct Assets Liabilities & Equity Sale proceeds (N*P.) 22,572 Value of borrowed shares (N*P) 22,572 Cash (50% of above) 11,286 Equity 11,286 Total 33,857 Total 33,857 You have to contribute $11,286. Attempt 3/3 for 10 pts. Part 2 If the price rises to $76.78 after 10 months, what is the new percentage margin? B+ decimals Previous answers: 58.38%, 42.6