Series 7 - General Securities Representative Exam

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

Your client sold short 500 shares of ABC stock at $90 in his short margin account. BEFORE this transaction, the short market value of the existing positions in the account was $80,000 and the equity was $44,000. What is the credit balance in the account, after this transaction?

$102,500

A

$22,500

B

$191,500

C

$45,000

D