You are bearish on financial services stocks, due to the currency crisis in Argentina and the severe economic problems in Japan. You decide to short Morgan Stanley. At the time you short the stock, it is selling for $72 per share, and you short 100 shares. Your broker requires 50% additional margin in your account, in the form of cash or other securities.

If your broker requires a maintenance margin requirement of 25%, at what price during the year will you receive a margin call, assuming that the stock pays the dividend at some point during that year?