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On January 1 5 th , Sahar purchased 5 , 0 0 0 shares of National Cement Co . on a margin of $ 1

On January 15th, Sahar purchased 5,000 shares of National Cement Co. on a margin of $160 per share. On March 15th the price of National Cement stock declined to $140.The initial margin and maintenance margin requirements were 60% and 40% respectively.
What is the actual market value (AM) on March 5th?
40%
60%
42.86%
54.29%

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