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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 Liabilities and Equity Stock Short position (100 shares) T-bills $ Equity Total assets $ 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.) Margin 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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