Question: you borrow 2 0 , 0 0 0 on margin to buy shares in Inaxy, whuch is now selling at $ 4 0 per share.

you borrow 20,000 on margin to buy shares in Inaxy, whuch is now selling at $40 per share. your account starts the intiial margin requirment of 50%. The maintenance margin is 35%. Two days later, the stock price falls to $35 per share.
a. Will you receive a margin call?
b. How long can the price of Inaxy shares fall before you receive a margin call

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