Series 7 - General Securities Representative Exam
Training Mode
Your oldest client bought $126,000 of stock and wired in $63,000 for the margin requirement. His debit balance is now $63,000. How low can the value of this stock go before the investor has to deposit more funds to maintain the position?
$31,500
A
$84,000
B
$94,500
C
$48,462
D