FINRA Series-7 Question Answer
Under an initial federal requirement of 70% equity, Bubba purchases 100 shares of XYZ at $40 per share and wishes to satisfy the margin call by delivering another listed security into his account.
He may do so by depositing stocks with a market value of:
FINRA Series-7 Summary
- Vendor: FINRA
- Product: Series-7
- Update on: Jul 25, 2025
- Questions: 400
