Question: please please help Question 13 13 p Use the following information to answer questions 13 and 14: You purchased 300 shares of ABC common stock

Question 13 13 p Use the following information to answer questions 13 and 14: You purchased 300 shares of ABC common stock on margin at $80 per share. Assume the initial margin is 50% and the maintenance margin is 20%. If the price falls to $70, borrowed amount and equity amount are Land respectively. $12,000, $10,500 $12,000, $9,000 $10,500, $9,000 $10,500, $10,500 13 pts Use the following information to answer questions 13 and 14: You purchased 300 shares of ABC common stock on margin at $80 per share. Assume the initial margin is 50% and the maintenance margin is 20%. You will get a margin call if the stock drops below $57.14 $45.12 $62.00 $50.00
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