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You have sold short 4 0 shares of company LOL at $ 8 8 . Your initial margin is 5 0 % and your maintenance

You have sold short 40 shares of company LOL at $88. Your initial margin is 50% and your maintenance margin is 30%. A few weeks later, just after the company paid $2 dividends, you hit the maintenance margin (exactly) and receive a margin call. How much money do you have to add to your account to bring the margin back to the initial level? (please note everybody else on Chegg has already solved this question format INCORECTLY so do not copy someone else from chegg because they are all wrong)

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