Question 18 solution is required only

As an investor you decide to buy 10,000 shares in Obi PLC, the current share price is 5.00. You have 35,000 to invest and have decided to source the extra funds needed by borrowing from a broker. Your broker requires a 30% maintenance margin. Question 17. You are required to explain what a 'maintenance margin' is, why a broker would require one and how the actual margin would be determined. (5 Marks) Question 18. You are required to work out the share price which would trigger a margin call for the investment in Obi PLC