You borrowed

$40112

six months ago at

8.6%

EAR to finance the purchase of

$70650

of stock. Assuming your maintenance margin requirement is

10%

and that interest is computed on the loan daily (but paid only when the position closes), how much can the stock price decline (%) from your purchase price before triggering a margin call?\ When giving your answer please write in whole numbers. That is, if the stock may fall

10.5%

please write 10.5

You borrowed $40112 six months ago at 8.6% EAR to finance the purchase of $70650 of stock. Assuming your maintenance margin requirement is 10% and that interest is computed on the loan daily (but paid only when the position closes), how much can the stock price decline (\%) from your purchase price before triggering a margin call? When giving your answer please write in whole numbers. That is, if the stock may fall 10.5% please write 10.5