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You've borrowed $45,000 on margin to buy 1,000 shares in Disney, which is now selling at $90 per share. Your account starts at the initial

You've borrowed $45,000 on margin to buy 1,000 shares in Disney, which is now selling at $90 per share. Your account starts at the initial margin requirement of 50%. The maintenance margin is 35%. Two months later, the stock price has declined to $68 per share.

Will you receive a margin call?

How low can the price of Disney shares fall before you receive a margin call?

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