In which situation would you opt for a car lease?
a. you don't like to drive, and would prefer the services of a driver.
b. you want to buy a car, and keep it for a long period of time.
c. you like to change cars frequently without the hassles of selling and trading them.

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? (input the amount as a positive value. round your answer to 2 decimal places.)