Exam (elaborations)
Series 7 UPDATED Exam Questions and CORRECT Answers
- Course
- Institution
The minimum maintenance in a short account is - 30% of the market value or $5 per share (whichever is greater) for stocks trading above $5. For stocks trading below $5, the minimum maintenance is - $2.50 per share or 100% of market value (whichever is greater). Duration measures - a bond's pr...
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