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Exam Series-7 All Questions
Exam Series-7 All Questions

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FINRA General Securities Representative Series-7 Question # 47 Topic 5 Discussion

Series-7 Exam Topic 5 Question 47 Discussion:
Question #: 47
Topic #: 5

Under an initial federal requirement of 70% equity, Bubba purchases 100 shares of XYZ at $40 per share and wishes to satisfy the margin call by delivering another listed security into his account.

He may do so by depositing stocks with a market value of:


A.

$9,333


B.

$5,714


C.

4,000


D.

$2,800


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