$($please watch a Picture. Every wrong questions should be answer$)$

You believe the price of Freeze Frame Company stock is going to fall, so you short $800$ shares at a price of $$60.$ The Initial margin is

$60$ percent. Ignore dividends.

a$.$ Construct the equity balance sheet for the original trade.

Note: Input all amounts as positive values.

Answer is complete but not entirely correct.

b$-1.$ Construct equity balance sheets for a stock price of $$56$ per share.

Note: Input all amounts as positive values.

Answer is complete but not entirely correct.

b$-2$ What is your margin?

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.

Answer is complete but not entirely correct.

Margin

$57\mathrm{.}09ox\%$

b$-3.$ What is your effectlve annual return if you cover your short position at this price in three months?

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.

Answer is complete but not entirely correct.

Effective annua

return

$\%$

c$-1.$ Construct equity balance sheets for a stock price of $$65$ per share.

Note: Input all amounts as positive values.

Answer is complete but not entirely correct.

c$-2$ What is your margin?

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.

Answer is complete but not entirely correct.

c$-3.$ What is your effectlve annual return if you cover your short position at this price in three months?

Note: A negative value should be indicated by a minus sign. Do not round intermedlate calculations. Enter your answer as a

percent rounded to $2$ decimal places.

Answer is complete but not entirely correct.