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the answer is 0.29 but I do not know what steps to take to get to it. You sold short 200 shares of Stock B

image text in transcribedthe answer is 0.29 but I do not know what steps to take to get to it.

You sold short 200 shares of Stock B at $25 per share. You have put additional $2,500 to meet the initial margin requirement. What is the margin of your account if the stock price rises to $29? Enter your answer as a decimal, rounded to two decimal places. Answer: 0.57 x (0.29)

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