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Suppose a client bought 1,000 shares of a stock at $16.84 per share and borrowed 32 percent of this purchase. If the maintenance margin is

Suppose a client bought 1,000 shares of a stock at $16.84 per share and borrowed 32 percent of this purchase. If the maintenance margin is 31.0 percent, what would the stock price have to fall below before there would be a margin call?

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