You decide to sell short 350 shares at a price of $74.53 each. The initial margin requirement is 50%. Part 1 How much money do you have to contribute to the account? Correct 13042 Assets Sale proceeds (N'Pa) 26,086 Value of borowed shares (N'P) 26,086 Liabilities & Equity Cash (50% of above) 13,043 Equity 13,043 Total 39,128 Total 39,128 You have to contribute $13,043. Part 2 If the price rises to $86.82 after 7 months, what is the new percentage margin? 29.84 Try again