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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 # 70 Topic 8 Discussion

Series-7 Exam Topic 8 Question 70 Discussion:
Question #: 70
Topic #: 8

Bubba sells short 100 XYZ at $60 and makes the required Regulation T deposit of 50%. XYZ then rises I price to $65.

At this point what is the credit balance?


A.

$2,500


B.

$3,500


C.

$6,000


D.

$9,000


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