You sell 100 shares of Doggie Treats that are currently selling at $25 per share. The initial margin requirement is 55% o the short sale. If your broker requires 30% maintance margin, at what stock price will you get a margin call? (You earn no interest on the funds in your margin account, and the firm does not pay dividends).

a)$21.54

b)$15.38

c)$28.57

d)$29.81