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You believe the price of Freeze Frame Co. stock is going to fall, so you short 550 shares at a price of $81. The initial margin is 60 percent. Ignore...
You believe the price of Freeze Frame Co. stock is going to fall, so you short 550 shares at a price of $81. The initial margin is 60 percent. Ignore dividends.
a. Construct the equity balance sheet for the original trade.
b-1.