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3 Cards in this Set
- Front
- Back
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Calculation for minumum maintenance amount for LONG margin accounts
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Current MV x .25% = minimum maintenance amount
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To satisfy a maintenance call:
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1.Deposit cash equal to the call
2.Deposit securities that have a 'loan value' equal to the call |
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Liquidating securities to meet the minimum maintenance call
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Must liquidate 4 x the amount of the call
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