e. Cool Trader opens a stock margin account and sell short 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker. The margin account pays no interest on the account balance, but it charges 8% p.a. on the loan borrowed. (i) What is the equity in Cool's account after she short-sold the stock? Compute. (4 points) (ii) After she shorted the stock, the stock paid a \$2 divided per share. If the share price has risen to \$50 (ex dividend) per share after one year, and the maintenance margin requirement is 30%, will she receive a margin call? Support your answer with computations. (6 points)