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Oid Economy Traders opened an account to short - sell 1 , 0 0 0 shares of Internet Dreams at $ 4 0 per share.

Oid Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $40 per share. The initial margin requirement was 50%. The margin account pays no intarest.) A year later, the price of internet Dreams has risen from $40 to 550, and the stock has paid a dividend or $2 per share.
Aequired:
a. What is the remaining margin in the account?
Ramrnaining margin
b-1. What is the margin on the shart position?
Short margin
b-2. If the maintenance margin requirement is 30%, will Old Economy receive a margin cal?
Yes
No
c. What is the rete of return an the investment? (Negative value should be indicated by a minus sign.)
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