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Old economy traders opens an account to short 1,000 shares of internet Dreams. The current price of internet dreams is $80. The initial margin requirement

Old economy traders opens an account to short 1,000 shares of internet Dreams. The current price of internet dreams is $80. The initial margin requirement (T-bills or cash) is 50%. Which of the following best describes the asset side of your account with the broker after the short sale?

A) $80,000 cash from the short sale

B)$40,000 in T-bills.

C)The dollar amounts in (a) and (b)

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