Intro You decide to sell short 350 shares at a price of $74.53 each. The initial margin requirement is 50%. Part 1 Attempt 1/10 for 10 pts. How much money do you have to contribute the account? 13042 Correct Assets Liabilities & Equity Sale proceeds (N*P.) 26,086 Value of borrowed shares (N*P) 26,086 Cash (50% of above) 13,043 Equity 13,043 Total 39,128 Total 39,128 You have to contribute $13,043. Part 2 Attempt 7/10 for 10 pts. If the price rises to $86.82 after 7 months, what is the new percentage margin? 29.84 Try again Try again See solution (-2 pts.)