Old Economy Traders opened an account to short$-$sell $1,300$ shares of Internet Dreams at $$46$ per share. The initial margin requirement was $50\%.($The margin account pays no interest.$)$ A year later, the price of Internet Dreams has risen from $$46$ to $$59,$ and the stock has paid a dividend of $$3\mathrm{.}50$ per share.

a$.$ What is the remaining margin in the account? $($Round your answer to the nearest whole dollar.$)$

b$.$ If the maintenance margin requirement is $30\%,$ will Old Economy receive a margin call?

multiple choice

Yes

No

c$.$ What is the rate of return on the investment? $($Round your answer to $2$ decimal places. Negative value should be indicated by a minus sign.$)$Old Economy Traders opened an account to short$-$sell $1,300$ shares of Internet Dreams at $$46$ 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 $$46$ to $$59,$ and the stock

has paid a dividend of $$3\mathrm{.}50$ per share.

a$.$ What is the remaining margin in the account? $($Round your answer to the nearest whole dollar.$)$

Remaining margin

$

$8,450$

b$.$ 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? $($Round your answer to $2$ decimal places. Negative value should be indicated by a

minus sign.$)$