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Amal has borrowed Tshs 2 0 0 , 0 0 0 / = on margin to buy shares in ABC ltd , which is now

Amal has borrowed Tshs $200, 000 / =$ on margin to buy shares in ABC ltd $,$ which is now selling at Tshs $40 / =$ per share. His account starts at the initial margin requirement of $50 % .$ The maintenance margin is $35 % .$ Five days later the stock price falls to Tshs $35 / =$ per share

a $)$ will Amal receive a margin call?

b $)$ How low should the price of ABC ltd fall before he eeceives a margin call?

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