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You believe the price of Freeze Frame Co . stock is going to fall, so you short 6 5 0 shares at a price of

You believe the price of Freeze Frame Co. stock is going to fall, so you short 650 shares at a price of $61. The initial margin is 55 percent. Ignore dividends.
a. Construct the equity balance sheet for the original trade. (Input all amounts as positive values.)
\table[[Assets,Liabilities and account equity],[Proceeds from sale,,Short position],[Initial margin deposit,,Account equity],[Total,Total,]]
b-1. Construct equity balance sheets for a stock price of $56 per share. (Input all amounts as positive values.)
\table[[Assets,Liabilities and account equity],[Proceeds from sale,,Short position],[Initial margin deposit,,Account equity],[Total,Total,]]
-2. What is your margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places
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