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An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 50% and a maintenance margin of 40%.

An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 50% and a maintenance margin of 40%.

c. What is the price that will trigger a margin call?

$37.50

$42.00

$54.00

$13.50

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