Question $8(1$ point$)$

Say you buy $87$ shares of GS for $$164$ per share on $70\%$ initial margin. The maintenance margin is $30\%.$What is the highest stock price at which you would receive a margin call?

$$65\mathrm{.}28$

$$70\mathrm{.}29$

$$82\mathrm{.}00$

$$99\mathrm{.}58$