Assume you purchased 406 shares of BA common stock on margin at $311 per share from your broker. The initial required margin was 50%. If the price of BA goes down by 16%, 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., 5.2 and not 0.052)