A speculator opened an account with her broker to purchase $2,000$ shares of FSLR $($First Solar$)$ for $$60$ each. The initial margin requirement was $40\%.$ The speculator financed the remainder of the purchase by taking out a loan that charges $10\%$ annual interest. A year later the price of FSLR decreased to $$50$ per share and the stock did NOT pay any dividends. Assume no commissions.

If the maintenance margin requirement is $30\%,$ will the speculator receive a margin call?

No enough information provided

Yes

No