You purchase 200 shares of LPT Company at $100 per share using a 60% margin. The minimum initial margin is 50% and your maintenance margin is 25%. How low can the stock price fall before you receive a margin call?

Question 8 0 / 10 pts You purchase 200 shares of LPT Company at $100 per share using a 60% margin. The minimum initial margin is 50% and your maintenance m n is 25%. How low can the stock price fall before you receive a margin call? $51.85 Correct Answer $53.33 You Answered $54.37 $49.64