5. (8’) You sell short 200 shares of ABC which are currently…
5. (8’) You sell short 200 shares of ABC which are currently selling at $45 per share. 1), 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? 2), If your broker requires a 30% maintenance margin, at what stock price will you get a margin call?