Series 7 - General Securities Representative Exam

Training Mode

Your customer wants to short a stock in his margin account. The stock is trading at $2.08 per share. He thinks it will go down further in price. What is the minimum maintenance margin requirement, assuming no other positions are held in the account?

$3.12 per share
A
$1.25 per share
B
$2.08 per share
C
$2.50 per share
D