You purchase 1,000 shares of Wash (WSH) at $35 per share by giving your broker $20,000 to establish your margin account. After a year (t=1), PFE paid out a dividend of $2 per share. The rate on the margin loan is 8%. If you earn no interest on the funds in your margin account, what is PFE's price at which you will receive a margin call? 

A. $51.07 

B. $44.38 

C. $26.83 

D. $18.93

Answer rating: 100% (QA)

ANSWER D is the correct answer 1893 A margin account is a loan account with a b... View the full answer