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5 . You just purchased 5 5 0 shares of Malmok, Inc. stock for $ 8 7 per share. The initial margin requirement is 5

5. You just purchased 550 shares of Malmok, Inc. stock for $87 per share. The initial margin requirement is 50.0%.
a. How much margin must you deposit?
b. How much are you borrowing and what is your Equity?
c. Now suppose the price of the stock falls to $68 per share. What is your new margin percentage?
d.If the maintenance margin is 50%,at what stock price would you get a margin call?

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