............. Return to question 4 You are bearish on Telecom and decide to sell short 100 shares at the current market price of $46 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% of the value of the short position? 1.42 points Answer is complete and correct. Initial margin $ 2,300 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.) Answer is plete but not entirely correct. Stock price reaches $ 5,307.69 x Mc Graw Hill Education