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You purchased 500 shares of stock for $70 a share. The initial margin is 60 percent and the maintenance margin is 30 percent. What is

You purchased 500 shares of stock for $70 a share. The initial margin is 60 percent and the maintenance margin is 30 percent.

What is the maximum price that can occur before you receive a margin call?

$52.83

$44.43

$40.00

$41.68

$21.17

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