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NEW QUESTION: 1
The initial Federal Reserve Bank margin requirement is set at 60% and Bubba purchases 100 shares of XYZ at $100 per share. He deposits $6,000 of the $10,000 purchase price in his account.
If XYZ increases in value to $150 per share, how much excess equity would Bubba have in his account?
A. $1,000
B. $2,000
C. $3,000
D. $1,500
Answer: B
Explanation:
Explanation/Reference:
Explanation: $2,000. Bubba started with $6,000 of equity and a debit balance of $4,000. The market value of his XYZ stock increased by $5,000 ($15,000 - $10,000). Therefore, his equity increased to $11,000.
Since Bubba only needs 60% equity, his Reg T requirement is $9,000 ($15,000 x 60%). His equity exceeds the requirement by $2,000.
NEW QUESTION: 2
As a general rule, how often should employees receive performance feedback?
A. On an ongoing basis as appropriate
B. Only as often as is comfortable for the supervisor
C. Once a day, preferably early in the morning
D. Once a year at the annual performance review
Answer: A
NEW QUESTION: 3
You are validating a solution that has customer requirements for both Ethernet and Fibre Channel connectivity.
Match the cables and adapters to the supported technology.
Answer:
Explanation:
NEW QUESTION: 4
Click on the exhibit.
An LSP traverses the path R1-R2-R3. With one-to-one fast reroute enabled, which router becomes a DMP for the detour tunnels?
A. Router R4
B. Router R3
C. Router R5
D. Router R1
E. Router R2
Answer: C
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