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You purchased 80 shares of ABC common stock on margin at $100 per share. Assume the initial margin is 50% and the maintenance margin is

You purchased 80 shares of ABC common stock on margin at $100 per share. Assume the initial margin is 50% and the maintenance margin is 35%. You will get a margin call if the stock price drops below ________. (Assume the stock pays no dividends, and ignore interest on the margin loan.)

$68.59

$76.92

$50.12

$46.67

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