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PART C (8 points each) Question 69 - 76: Suppose an investor has bought 10 shares at $20 on margin with a margin requirement of

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PART C (8 points each) Question 69 - 76: Suppose an investor has bought 10 shares at $20 on margin with a margin requirement of 20%. After posting his margin at his broker's account, the share price increases to $25. If the investors takes out 1/2 of the excess margin in his account, at what price will he face a margin call? (a) $20 (b) $21.67 (c) $22.5 (d) $23.33

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