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Free FINRA Series 7 Practice Exams
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Free FINRA Series 7 Practice Exam 4 (130 Questions) with Answers Quiz
1.
A customer sells short 500 shares at $20. The stock falls to $14. What has happened to the account equity?
1
Equity is unchanged
Equity increased by $7000
Equity decreased by $3000
Equity increased by $3000
