Question: 3. Heidi Talbott has a margin account with a balance of $50,000 of her own money. The initial margin deposit is 50 percent, and RC

 3. Heidi Talbott has a margin account with a balance of

3. Heidi Talbott has a margin account with a balance of $50,000 of her own money. The initial margin deposit is 50 percent, and RC Industries is currently selling at $50 per share. If the maintenance margin is 25%, to what price can RC Industries stock price fall before Heidi receives a margin call? a. $21.75 b. $23.33 c. $32.00 d. $33.33 e. $22.22

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