Assume you purchased $1,044$ shares of BA common stock on margin at $$221$ per share

from your broker. The initial required margin was $50\%.$

If the price of BA goes down by $12\%,$ what is your portfolio's updated margin $($equity$)$

percentage?

$*$Assume you are borrowing as much as you are allowed to$.$

Please round to the nearest two decimals. Please type your answer as percentage

and not as decimal $($e$.$g$.,5\mathrm{.}2$ and not $0\mathrm{.}052)$