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A margin account requires an initial margin of 50% and a margin call will occur if the stock price depreciates to $13.33. If stocks were

A margin account requires an initial margin of 50% and a margin call will occur if the stock price depreciates to $13.33. If stocks were initially purchased at $20, the maintenance margin is closest to:

A.

67%

B.

50%

C.

25%

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