Question: Can someone please help me with this? You are bearish on Telecom and decide to sell short 100 shares at the current market price of

 Can someone please help me with this? You are bearish on

Can someone please help me with this?

You are bearish on Telecom and decide to sell short 100 shares at the current market price of $34.00 per share. a. How much in cash or securities must you put into your brokerage account if the broker's initial margin requirement is 50.00% of the value of the short position? (Round your answer to the nearest dollar amount and put it in the following format X,XX. Do NOT record starting 0's.) Initial margin $ b. How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? Round your answer to 2 decimal places and put it in the following format XX.XX. Do NOT record starting 0's.) Stock price reaches $

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