Toby Jensen originally purchased 400 shares of CSC stock on margin at a price of $60 per share. The initial margin requirement is 50 percent and the maintenance margin is 25 percent. CSC stock price has fallen dramatically in recent months and it closed today with a sharp decline bringing the closing price to $ 40 per share. Will Jensen receive a margin call（）
A. Yes, he does not meet the minimum maintenance margin requirement.
B. Yes, he does not meet the minimum initial margin requirement.
C. No, he meets the minimum maintenance margin requirement.
参考答案：C
解析：
Total original value held by Jensen is 400×$60=$24000. Amount of equity is 50 percent ($24000)=$12000. Current total value is 400×$40=$16000. So Jensen’s equity is $16000-$12000=$4000 which is 4000/16000=25% of the total market value.