Question 12 (10 marks) You are interested in selling 100 shares of YYY Corporation short. The initial margin is 50% and the maintenance margin is 30%. You sell the shares at $x (where x is the price 7 you used in Question 11 above). i) ii) iii) How much money do you have to add to your account and how much money is in your account in total? At what price will you get a margin call? If the price of the stock immediately increased by 15%, and you bought it back at that price, what would be the rate of return on your investment (assume no fees or interest costs)? Question 12 (10 marks) You are interested in selling 100 shares of YYY Corporation short. The initial margin is 50% and the maintenance margin is 30%. You sell the shares at $x (where x is the price 7 you used in Question 11 above). i) ii) iii) How much money do you have to add to your account and how much money is in your account in total? At what price will you get a margin call? If the price of the stock immediately increased by 15%, and you bought it back at that price, what would be the rate of return on your investment (assume no fees or interest costs)