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Old Economy Traders opened an account to short - sell 1 , 0 0 0 shares of Internet Dreams at $ 7 0 per share.

Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $70 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 $70 to $82.50, and the stock has paid a dividend of $10.00 per share.
a. What is the remaining margin in the account?
Remaining margin $ =
b-1. What is the margin on the short position? (Round your answer to 2 decimal places.)
Short margin %=
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.)
Rate of return %=

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