Andre purchased shares of Latte, Co. for

$48

using a margin account with a

50%

initial margin rate and a

30%

maintenance margin rate. At what price will Andre receive a margin call?\

$34.29

\

$68.57

\

$24.00

\

$14.40

Andre purchased shares of Latte, Co. for $48 using a margin account with a 50% initial margin rate and a 30\% maintenance margin rate. At what price will Andre receive a margin call? $34.29 $68.57 $24.00 $14.40