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You decide to sell short 220 shares at a price of $61.92 each. The initial margin requirement is 50%. Attempt 1/10 for 10 pts. Part

You decide to sell short 220 shares at a price of $61.92 each. The initial margin requirement is 50%.

Attempt 1/10 for 10 pts.

Part 1

How much money do you have to contribute to the account?

Submit

Attempt 1/10 for 10 pts.

Part 2

If the price rises to $74.21 after 11 months, what is the new percentage margin?

Submit

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