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Old Economy Traders opened an account to short - sell 2 , 9 0 0 shares of Internet Dreams at $ 7 9 per share.

Old Economy Traders opened an account to short-sell 2,900 shares of Internet Dreams at $79 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 $79 to $90, and the stock has paid a dividend of $2.50 per share.
a. What is the remaining margin in the account? (Round your answer to the nearest whole dollar.)
Remaining margin
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.)
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