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NEW QUESTION: 1
Bubba opens a margin account and sells short 100 shares of XYZ at $50. Assuming a Reg T requirement of 50%, what is the opening balance in Bubba's account?
A. $7,500
B. $2,500
C. $5,000
D. $10,000
Answer: A
Explanation:
Explanation/Reference:
Explanation: $7,500. The short sale transaction is $5,000. The Reg T required deposit is $2,500 ($5,000 x
50%). Adding both results in $7,500.

NEW QUESTION: 2
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