Anita Wants to Buy $10,000 of Securities in Her Margin

question 30

Multiple Choice

Anita wants to buy $10,000 of securities in her margin account.Her advisor has informed her that she must pay a minimum of $7,000 in cash and maintain a minimum equity position of 30 percent.The initial margin requirement is ________ percent and the maintenance margin is ________ percent.

• A) 30; 30
• B) 30; 70
• C) 70; 30
• D) 70; 50
• E) 70; 70

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