9. Margin Calls (LO3, CFA4) You deposit $100,000 cash in a brokerage account and purchase $200,000 of

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9. Margin Calls (LO3, CFA4) You deposit $100,000 cash in a brokerage account and purchase

$200,000 of stocks on margin by borrowing $100,000 from your broker, who requires a maintenance margin of 30 percent. Which of the following is the largest value for your stock holdings for which you will still receive a margin call?

a. $200,000

b. $160,000

c. $140,000

d. $120,000

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