On October 25 you sell short 2,500 shares of KCB at a share price of $54.00. (Assume an initial margin of 150% and a maintenance margin of 130%.). 3 pts a. How much will be in your margin account (your investment account balance) immediately after you open the account?

b. What is the lowest stock price for KCB at which you get a margin call? c. Suppose the stock price rises to $64.20 almost immediately. What is the value of your margin call?