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Jerome purchased 200 shares of Go Up stock on margin at a price of $35 a share. The initial margin requirement is 55%, and the

Jerome purchased 200 shares of Go Up stock on margin at a price of $35 a share. The initial margin requirement is 55%, and the maintenance margin is 40%. At what price Jerome will receive a margin call? $15.75. $17.50. $35.00. $26.25. $19.25. $14.00

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