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1 7 . Suppose you purchased 1 0 0 0 shares of ABC common stock at $ 1 9 with an initial margin of 5

17. Suppose you purchased 1000 shares of ABC common stock at $19 with an initial margin of 50%. At a maintenance margin of ___________ you received a margin call when the stock price falls to $13.57. What? (Assume the stock pays no dividend; ignore interest on margin)
Question 6Select one:
a.
35%
b.
40%
c.
33%
d.
30%

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