Last week, you short sold 400 shares of ABD stock for $12,000. The sale was a short sale with an initial margin requirement of 70% The maintenance margin is 40%. QUESTION #1) At what price will lead to a margin call if the maintenance margin is 40w? Some positive news concerning the company was released last night and the stock price jumped this morning to $38 per share. QUESTION #2) What is your current margin position in this stock? QUESTION #3) Would you receive a margin call? If you close out the account when the stock price jumped to $38 per share, QUESTION #4) What is your HPR on this investment? #1) when price is greater than $37.64 #1) when price is greater than $36.42 #1) when price is lower than $38.54 #1) when price is lower than 539.78 #2) current margin - 25.59% #2) current margin = 34,21% O #2) current margin = 38.78% 2) current margin - 41.289 +3) Yes, you would receive a margin call since the current margin is lower than the maintenance margin of 40