If the maintenance margin requirement is 20%, will the speculator receive a margin call? Yes

Question 17 A speculator opened an account with her broker to purchase 2,000 shares of FSLR (First Solar) for $60 each. The initial margin requirement was 40%. The specu\ator financed the remainder the purchase by taking out a loan that charges 10% annual interest. A year later the price of FSLR decreased to $50 per share and the stock did NOT pay any dividends. Assume no commissic If the maintenance margin requirement is 20%, will the speculator receive a margin call? Not enough information is provided Yes No