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You sell short 60 shares of Doggie Treats Inc. that are currently selling at $12 per share. You post the 55% margin required on the

You sell short 60 shares of Doggie Treats Inc. that are currently selling at $12 per share. You post the 55% margin required on the short sale. If your broker requires a 45% maintenance 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 any dividends.)

$12.83 $13.82 $21.82 $10.27 $11.33

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