You've borrowed $22,000 on margin to buy shares in Disney, which is now selling at $44...

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Finance

You've borrowed $22,000 on margin to buy shares in Disney, whichis now selling at $44 per share. Your account starts at the initialmargin requirement of 50%. The maintenance margin is 35%. Two dayslater, the stock price falls to $42.50 per share.

a-1.
What is the percentage margin on the above transaction?(Round your answer to 2 decimal places.)

  Percentage margin %

a-2. Will you receive a margin call?
Yes
No

b.
How low can the price of Disney shares fall before you receive amargin call? (Round your answer to 2 decimalplaces.)

  Lowest price $

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You've borrowed $22,000 on margin to buy shares in Disney, whichis now selling at $44 per share. Your account starts at the initialmargin requirement of 50%. The maintenance margin is 35%. Two dayslater, the stock price falls to $42.50 per share.a-1.What is the percentage margin on the above transaction?(Round your answer to 2 decimal places.) Percentage margin%a-2.Will you receive a margin call?YesNo b.How low can the price of Disney shares fall before you receive amargin call? (Round your answer to 2 decimalplaces.) Lowest price$