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Jerri Kingston bought 100 shares of stock at $84.36 per share, using an initial margin of 50%. Given a maintenance margin of 32%, how far

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Jerri Kingston bought 100 shares of stock at $84.36 per share, using an initial margin of 50%. Given a maintenance margin of 32%, how far does the stock have to drop before Jerri faces a margin call? (Assume that there are no other securities in the margin account.) Before Jerri faces a margin call, the stock has to drop to $ per share. (Round to the nearest cent.)

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