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Your fabulous uncle Zimmy deposits $ 4 5 , 0 0 0 cash in a brokerage account and purchases $ 5 5 , 0 0

Your fabulous uncle Zimmy deposits $45,000 cash in a brokerage account and purchases $55,000 of stocks on margin by borrowing $10,000 from a broker. The required maintenance margin is 40%. Later, the value of the stock holdings falls to $47,500. What is the new account margin in percent? Will there be a margin call?
94.74%, No
78.95%, No
81.95%, No
68.18%, No
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