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Suppose that you just short sold 100 shares of Quiet Minds stock for $85.00 per share. a. If the initial margin requirement is 65%, how

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Suppose that you just short sold 100 shares of Quiet Minds stock for $85.00 per share. a. If the initial margin requirement is 65%, how much equity must you invest? (Round your answer to the nearest dollar) Equity S 5525.00 b. Construct the balance sheet that corresponds to the transaction. Assets Liabilities and Equity Stock S Short position (100 shares) S Equity S Total labilitios and equty 8500.00 8500.00 T-bils 525.00 5525.00 Total assets 14025.00 14025.00 c. Now suppose the price of the stock falls to $77 per share. What is your current margin percentage? (Round your answer to 2 decimal places.) Margin percentage d. The maintenance margin is 40%. Whats the lowest pnco that will trigger a margin caa71Round your answer to 2 decimal places.) Stockprice $100.18%

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