1-21: CHW3 Chapte X M Question 3-CHW3 Trading Sec X fo Consider the three stocks in...

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1-21: CHW3 Chapte X M Question 3-CHW3 Trading Sec X fo Consider the three stocks in the X (1) Ramy Sabry - Kelma/4 x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconnec... be Maps Translate C Checkout for Chegg... 3 Trading Securities i B ts eBook ferences EPC aw Saved Help Save & Exit Submit Check my work Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $30 per share. The initial margin requirement was 50%. (The margin account pays no interest.) A year later, the price of Internet Dreams has risen from $30 to $38.50, and the stock has paid a dividend of $2.40 per share. Required: a. What is the remaining margin in the account? Remaining margin b-1. What is the margin on the short position? (Round your answer to 2 decimal places.) Short margin % @ # 3 * T Z W S E alt . $ Search 4 % 5 0 47 < Prev 3 of 9 Next > & * 7 V 80 01:02 ENG 02/04/2024 144 Insert Dit sc R T DFG D CVBNM K backspac pause alt ctri EJ 1-21: CHW3 Chapte X M Question 3-CHW3 Trading Sec X fo Consider the three stocks in the X (1) Ramy Sabry - Kelma/4 x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconnec... be Maps Translate C Checkout for Chegg... 3 Trading Securities i B ts eBook ferences EPC aw Saved Help Save & Exit Submit Check my work Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $30 per share. The initial margin requirement was 50%. (The margin account pays no interest.) A year later, the price of Internet Dreams has risen from $30 to $38.50, and the stock has paid a dividend of $2.40 per share. Required: a. What is the remaining margin in the account? Remaining margin b-1. What is the margin on the short position? (Round your answer to 2 decimal places.) Short margin % @ # 3 * T Z W S E alt . $ Search 4 % 5 0 47 < Prev 3 of 9 Next > & * 7 V 80 01:02 ENG 02/04/2024 144 Insert Dit sc R T DFG D CVBNM K backspac pause alt ctri EJ