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You believe the price of Freeze Frame Co. stock is going to fall, so you short 650 shares at a price of $63. The initial

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You believe the price of Freeze Frame Co. stock is going to fall, so you short 650 shares at a price of $63. The initial margin is 55 percent. Ignore dividends. 0. Construct the equity balance sheet for the original trade. (Input all amounts as positive values.) b-1. Construct equity balance sheets for a stock price of $59 per share. (Input all amounts as positive values.) b-2. What is your margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) b-3. What is your effective annual return if you cover your short position at this price in four months? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) c-1. Construct equity balance sheets for a stock price of $68 per share. (Input all amounts as positive values.) c-2. What is your margin? (Do not round intermediate calculations, Enter your onswer as a percent rounded fo 2 decimal places) c.3. What is your effective annual retum if you cover your short ponition at this price in four months? (A negative value should be indicoted by a minus sign, Do not round intermediote calculations. Enter your answer as a percent rounded to 2 decimal places.)

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