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You buy 700 shares of stock at a price of $88 and an initial margin of 70 percent. If the maintenance margin is 30 percent,

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You buy 700 shares of stock at a price of $88 and an initial margin of 70 percent. If the maintenance margin is 30 percent, at what price will you receive a margin call? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Margin call price

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