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You are bullish on Telecom stock. The current market price is $50 per share, and you have $5,000 of your own to invest. You borrow

You are bullish on Telecom stock. The current market price is $50 per share, and you have $5,000 of your own to invest. You borrow an additional $5,000 from your broker and invest $10,000 in the stock. The maintenance margin is 30%.

A) How far does the price of Telecom stock have to fall for you to get a margin call?

B) If the price falls to $40 per share, will you receive a margin call?

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