Series 7 - General Securities Representative Exam
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In a short account, the credit balance is $260,000. The SMV is $175,000 and the EQ is $125,000. What is the maintenance market value?
$85,000
A
$220,000
B
$50,000
C
$200,000
D
Explanations
To solve, just use the market value at maintenance formula. CR divided by 1.3 . CR / 1.3 = $200,000
Pricing
Basic
Part of the questions for each course
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- Course
- Questions
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- SIE
- 20 of 150
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- Series 6
- 30 of 500
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- Series 7
- 50 of 625