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suppose that you buy as much as you can of Pfizer for $49.27 per share. You have $7,000 and borrow the remainder. The initial margin

suppose that you buy as much as you can of Pfizer for $49.27 per share. You have $7,000 and borrow the remainder. The initial margin level is 55%. If the maintenance margin level is 45%, at what price will you receive a margin call?

A. $35.23 B. $37.49 C. $38.77 D. $40.36

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