You decide to buy 500 shares of stock at a price of $70 and an initial margin of 55 percent. What is the maximum percentage decline in the stock price before you will receive a margin call if the maintenance margin is 30 percent? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Input the amount as a positive value. Stock price decline 813.7 I %

You decide to buy 500 shares of stock at a price of $70 and an initial margin of 55 percent. What is the maximum percentage decline in the stock price before you will recelve a margin call if the maintenance margin is 30 percent? Note: Do not round intermediate calculations. Enter your answer os a percent rounded to 2 decimal places. Input the amount as a positive value