You short sold 1,200 shares of stock at a price of $25 and an initial margin of 70 percent. If the maintenance margin is 30 percent, at what share price will you receive a margin call? What is your account equity at this stock price? (Do not round intermediate calculations. Round Margin call price to 2 decimal places. Omit the "$" sign in your response.)
Margin call price $
Account equity $