Old Economy Traders opened an account to short sell 2,800 shares of Internet Dreams at $77 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 $77 to $80, and the stock has paid a dividend of $2.00 per share.

a.	What is the remaining margin in the account? (Omit the "$" sign in your response.)

Remaining margin

b.

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

	No
	Yes

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. Omit the "%" sign in your response.)

Rate of return

%