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7. Which of the following statements is/are correct for 'Maintenance Margin' (MM)? (Required) 1.0 MM is the required proportion of equity to stock after purchase
7. Which of the following statements is/are correct for 'Maintenance Margin' (MM)? (Required) 1.0 MM is the required proportion of equity to stock after purchase 2. Margin call on undermargined account to meet margin requirement 3. For maintaining the MM, if margin call is not met, the stock will be sold to pay off the loan. 4. MM protects broker if stock price declines 5. All of the given options are correct
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