You$$ve borrowed $$37,000$ on margin to buy shares in BRP Inc. $($DOO$),$ which is now selling at $$148$ per share, and you have invested $$37,000$ of your own. Your account starts at the initial margin requirement of $50\%.$ The minimum margin is $35\%.$ Two days later, the stock price falls to $$143$ per share.

a$.$ Will you receive a margin call?

multiple choice

Yes

No

b$.$ How low can the price of BRP shares fall before you receive a margin call? $($Round your answer to $2$ decimal places. Omit $ sign in your response.$)$

Price $