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Exam Code: MB-901

Exam Name: Microsoft Dynamics 365 Fundamentals

Certification Provider: Microsoft

Related Certification: Microsoft Dynamics 365 Fundamentals

MB-901 Microsoft Dynamics 365 Fundamentals
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NEW QUESTION: 1
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:
A. $9,333
B. $2,800
C. 4,000
D. $5,714
Answer: A
Explanation:
Explanation/Reference:
Explanation: $9,333. If Bubba were depositing cash, he would need $2,800 (70% x $4,000). Since he is depositing stock, he would have to deposit enough with loan value of $2,800. To arrive at this, divide
$2,800 by the 30% loan value to obtain $9,333.


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