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Suppose that you just short sold 100 shares of Quiet Minds stock for $91.00 per share. a. If the initial margin requirement is 70%, how

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Suppose that you just short sold 100 shares of Quiet Minds stock for $91.00 per share. a. If the initial margin requirement is 70%, how much equity must you invest? (Round your answer to the nearest dollar) Equity b. Construct the balance sheet that corresponds to the transaction Assets Stock T-bills Total assets Liabilities and Equity Short position (100 shares) Equity Total liabilities and equity c. Now suppose the price of the stock falls to $83 per share. What is your current margin percentage? (Round your answer to 2 decimal places.) Marpin percentage d. The maintenance margin is 45%. What is the lowest price that will trigger a margin call? (Round your answer to 2 decimal places) Stock price

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