No of shares shorted = 100
Current Market Price = $33
Value of the position = $33 * 100 = $3,300
a.
Initial margin requirement = 50% of $3,300 = $1,650
b.
Maintenance margin requirement = 30% of the value of Short Position = (0.30 * $3,300) = $990
Hence, we will get maintenance call if we have only $990 left in our account
Hence, loss suffered on our position = ($1,650- $990) = $660
No of shares shorted = 100
Hence, share price should increase by :- $6.6
Hence, share price should go upto = $(33 + 6.6) = $39.60 for margin call to get triggered.
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