Margin Call

Your client purchased Beta, Inc. publicly traded shares at $150 per share with an Initial Margin of 50%. The maintenance margin is 25%. A margin call will occur below what price per share?
- $87.50
- $100.00
- $112.50
- None of the above
Your client purchased Beta, Inc. publicly traded shares at $150 per share with an Initial Margin of 50%. The maintenance margin is 25%. A margin call will occur below what price per share?