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Question 1 (7 marks) Dara predicts the stock market will be bearish in the coming six months. Hence, she short sell 500 shares of Newest

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Question 1 (7 marks) Dara predicts the stock market will be bearish in the coming six months. Hence, she short sell 500 shares of Newest Tech for $70 per share. The initial margin is 60% and the maintenance margin is 40%. Newest Tech pays dividends of $6 per share semiannually. After six months, the price of the stock rises by $20 per share. What is the margin, and will there be a margin call

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