Partii) COLLEGE OF BUSINESS ADMINISTRATION You bought 1000 share of X-corp with the market price of $70 each. Your initial margin requirement 50% while the maintenance margin is 40%. The broker charges 10% interest rate per year. If the price drop to $60 after 6 months, a) What is the remaining equity margin after 6 months b) If the maintenance margin is 40% at what price you will received margin call