You are bearish on Telecom and decide to sell short 100 shares at the current market price of $50 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?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?

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.