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You believe the price of Freeze Frame Co. stock is going to fall, so you short 850 shares at a price of $58. The
You believe the price of Freeze Frame Co. stock is going to fall, so you short 850 shares at a price of $58. The initial margin is 30 percent. Ignore dividends. a. Construct the equity balance sheet for the original trade. (Input all amounts as positive values.) Assets Liabilities and account equity Proceeds from sale 49,300 Short position Initial margin deposit Total 14,790 Account equity S 64,090 Total b-1. Construct equity balance sheets for a stock price of $54 per share (Input all amounts es positive values.) Assets Proceeds from sale Initial margin deposit Total Liabilities and account equity Short position Account equity Total
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