Question: Please help me with this question in details Question 3: Minah Lai has a margin account with a balance of RM60,000. Initial margin requirements are

Please help me with this question in details

Please help me with this question in details Question 3: Minah Lai

Question 3: Minah Lai has a margin account with a balance of RM60,000. Initial margin requirements are 80 percent, and NiceFood Berhad is currently selling at RM40 per share. How many shares of NiceFood Berhad can Minah buy? If the maintenance margin is 25 percent, to what price can NiceFood Berhad fall before Minah receives a margin call

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