QUESTION 23 Use the following to answer the next three questions The stock of Flop Industries is trading at $45. You feel the stock price will decline, so you short 600 shares at an initial margin of 75 percent. The maintenance margin is 45 percent and your broker charges a 5% annual rate on borrowed funds. Find your total deposit with your broker. Find your return on invested capital if you close your position after 9 months and the stock is trading at $48.5. O-1412 -.1162 .0912 O - 1187 Click Save and Submit to save and submit. Click Save All Answers to save all answers