The current price of a stock is$$ $$20$ per share. You have$$ $$10,000$ to invest. You borrow an additional$$ $$20,000$ from your broker and invest$$ $$30,000$ in the stock. If the maintenance margin is $30$ percent, at what price will a margin call first$$ occur?

Question content area bottom

Part $1$

A$.$

$$$$17\mathrm{.}86$

B$.$

$$$$14\mathrm{.}28$

C$.$

$$$$19\mathrm{.}05$