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Intro You decide to sell short 390 shares at a price of $77.16 each. The inital margin is 50%. For this question, assume that the

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Intro You decide to sell short 390 shares at a price of $77.16 each. The inital margin is 50%. For this question, assume that the lending rate associated with the borrowed shares is 0% and that your cash earns no interest when held by your broker. Part 1 Attempt 1/5 for 10 pts. How much of your own money do you have to contribute to the account, ? 0+ decimals Submit Part 2 | Attempt 1/5 for 10 pts. If the price rises to $89.37 after 3 months, what is your new margin ratio (expressed as a decimal)? 3+ decimals Submit

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