Wing Time: 1 hour, 23 minutes, 58 seconds. bumited Question Completion Status: THE o another question will save this response Question 6 Question 6 of 14 Use the following information to solve for TWO QUESTIONS BELOW. USE AT LEAST 4 DECIMALS FOR ACCURATE RESULTS. & polnts She A Last week, you sold 400 shares of ABD stock for $12,400. The sale was a short sale with an initial margin requirement of 70%. The maintenance margin is 40%. Some positive news concerning the company was released last night and the stock price jumped this morning to $38 per share. You decide to close out the account. #1) What is your current margin position in this stock? #2) What is your HPR on this investment? *This problem has TWO QUESTIONS (and so is worth TWO QUESTIONS), so please choose TWO ANSWERS. #1) CURRENT MARGIN - 24.45% #1) CURRENT MARGIN - 38.68% #1) CURRENT MARGIN = 43.45% #1) CURRENT MARGIN - 52.28% #2) HPR - 15.59% #2) HPR - 34.18% #2) HPR - -32.26% #2) HPR - 24.47% Question 6 of 14 Moving to another question will save this response