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An investor decides to open a leveraged position on XYZ Inc and buys 4 0 0 shares. XYZ shares are priced at $ 1 0

An investor decides to open a leveraged position on XYZ Inc and buys 400 shares. XYZ shares are priced at $10 per share. Initial margin requirement is 20%. What is the possible margin and maximum possible loss on this position?
Margin $800, maximum loss $4,000.
Margin $800, maximum loss $800.
Margin $2,000, maximum loss $4,000.
Margin $200, maximum loss $400.

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