Oid Economy Traders opened an account to short-sell 1,000 shates of Intemet Dreams at \$110 per share. The initial margin requirement was 50%. (The margin account pays no interest) A year later, the price of internet Dreams tras risen from $110 to $117.00. and the stock has paid a dividend of $18.00 per share. Required: a. What is the remaining margin in the account? Romaning margin_______
b-1. What is the margin on the short position? (Round your answer to 2 decimal places.) Short margin_______
b-2. If the maintenance margin requirement is 30%, will Old Economy receive a margin call? Yes No c. What is the rate of return on the investment (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.)
Rats of return ______%