Game theory can help us understand why Xerox did not successfully exploit the opportunity it had in IT. If both Xerox and competitors continue with old technology the payoff for Xerox Select one: a. is $150m, whereas the competitors’ payoff is $325m. b. is $250m, whereas the competitors’ payoff is $75m. c. is $75m, whereas the competitors’ payoff is $250m. d. is $325m, whereas the competitors’ payoff is $150m.

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.)