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You open a brokerage account and purchase 1 , 0 0 0 shares of ABC stock at $ 1 0 7 . 2 3 by

You open a brokerage account and purchase 1,000 shares of ABC
stock at $107.23 by borrowing half of the required funds (you pay
for 500 shares and borrow enough to buy another 500 shares).
You pay 8% annual interest on the borrowed money. At the end
of one year, what price would trigger a margin call if the
maintenance margin were set at 30% by the brokerage firm?Group of answer choices$97.23$89.42$82.72$93.75

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