You are bullish on Snapchat so you decide to to buy as much as your broker allows. You have $50,000 in your account. The initial margin is 40% (i.e. you only have to front 40% of purchas price). The stock is currently at $20. After a week, the stock begins to fall. If the maintenance margin is 30%, at what price will you be almost exactly in line with your margin requirements? Hint: You first need to calculate the number of shares you bought. Multiple Choice O 17.89 16.47 O o 16.43 O 17.14 O 17.53