Question

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

Answer

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