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Oid Economy Traders opened an account to short-sell 1,000 shares of intemet Dreams at $35 per share. The initial margin requirement was 50%. (The margin

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Oid Economy Traders opened an account to short-sell 1,000 shares of intemet Dreams at $35 per share. The initial margin requirement was 50%. (The margin account pays no interest) A year later, the price of Internet Dreams has risen from $35 to $41.50. and the stock has paid a dividend of $4.40 per share. Required: 0. What is the remaining margin in the account? b-1. What is the margin on the short position? (Round your answer to 2 decimal places.) b-2. If the maintenance margin requirement is 30%, will Old Economy receive a margin call? Yes No c. What is the rate of return on the investment? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.)

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