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An investor buys a stock at $ 32 a share and deposits 50% initial margin. Assume that the maintenance margin is 25%, the stock pays

An investor buys a stock at $ 32 a share and deposits 50% initial margin. Assume that the maintenance margin is 25%, the stock pays no dividends, and the transaction costs and interest on the margin loan are zero. The price at which the investor would receive a margin call is?

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