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  • Exam Code: C_FIORDEV_21
  • Exam Name: SAP Certified Development Associate - SAP Fiori Application Developer
  • Version: V12.75     Q & A: 69 Questions and Answers

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NEW QUESTION: 1
Regulation T is set at 50%. Bubba's account contains long positions in the following securities with the
prices listed
1 00 ABC $30
2 00 XYZ $70
2 00 QBB $40
2 00 KKK $25
Total market value = $30,000
Debit balance in the account = $12,000
Net equity balance of the account = $18,000
Bubba wants to buy 100 shares of DUM at $30 per share and 100 shares of OUT at $120. How much
additional money must be deposited?
A. $1,500
B. $6,000
C. $4,500
D. $7,000
Answer: C
Explanation:
$4,500. The purchase of DUM will cost $3,000 (100 x $30) and the purchase of OUT will cost
$ 12,000 (100 x $120). Both combined total a cost of $15,000. Reg T requires 50% ($7,500) and Bubba
only has $3,000. So he is $4,500 short.

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