Business, 21.04.2020 23:16, o0w0o

Old Economy Traders opened an account to short sell 1,000 shares of Internet Dreams from the previous problem. The initial margin requirement was 50%. (The margin account pays no interest.) A year later, the price of Internet Dreams has risen from $40 to $50, and the stock has paid a dividend of $2 per share. a. What is the remaining margin in the account

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Old Economy Traders opened an account to short sell 1,000 shares of Internet Dreams from the previou...