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Mandy short sold 500 shares of Celpa stock at $41 a share at an initial margin of 60 percent. The maintenance margin is 45 percent.

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Mandy short sold 500 shares of Celpa stock at $41 a share at an initial margin of 60 percent. The maintenance margin is 45 percent. a. What is your total assets and what is your short position? b. What is your equity value if stock goes up to $46 per share? What is the new margin in % ? c. Whill you receive a margin call when price goes up to $46 ? State reason. Mandy short sold 500 shares of Celpa stock at $41 a share at an initial margin of 60 percent. The maintenance margin is 45 percent. a. What is your total assets and what is your short position? b. What is your equity value if stock goes up to $46 per share? What is the new margin in % ? c. Whill you receive a margin call when price goes up to $46 ? State reason

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