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

You believe the price of Freeze Frame Company stock is going to fall, so you short 600 shares at a price of $59. The initial margin is 30 percent. Ignore dividends.
a. Construct the equity balance sheet for the original trade.
Note: Input all amounts as positive values.
b-1. Construct equity balance sheets for a stock price of $55 per share.
Note: Input all amounts as positive values.
b-2. What is your margin?
Note: 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 six months?
Note: 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 $64 per share.
Note: Input all amounts as positive values.
c-2. What is your margin?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
c-3. What is your effective annual return if you cover your short position at this price in six months?
Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.You belleve the price of Freeze Frame Company stock is going to fall, so you short 600 shares at a price of $59. The initial margin is 30 percent.
Ignore dividends.
a. Construct the equity balance sheet for the original trade.
Note: Input all amounts as positive values.
b-1. Construct equity balance sheets for a stock price of $55 per share.
Note: Input all amounts as positive values.
b-2. What is your margin?
Note: Do not round Intermedlate calculations. Enter your answer as a percent rounded to 2 decimal places.
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