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32. If an investor buys 1,000 shares at $50 and the initial margin is 60% and the maintenance margin is 30%, the investor will receive
32. If an investor buys 1,000 shares at $50 and the initial margin is 60% and the maintenance margin is 30%, the investor will receive the first margin call when the stock price falls below:
a. $41.29
b. $38.52
c. $31.57
d. $28.57
e. $26.77
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