A margin loan is a loan to
A) investors where the proceeds are used to purchase securities.
B) investors where the proceeds are used to pay brokerage fees.
C) banks where the proceeds are used to meet reserve requirements.
D) investors where the proceeds are used to purchase junk bonds (marginal investments) .
Correct Answer:
Verified
Q5: The Securities and Exchange Commission (SEC) is
Q6: If one bank is reluctant to take
Q7: If one bank is reluctant to take
Q8: An individual who arranges trades between buyers
Q9: The price at which a dealer is
Q11: Investment companies are
A)not financial intermediaries.
B)financial intermediaries that
Q12: A _ investment company is a mutual
Q13: A load is a(n)
A)sales commission paid to
Q14: A sales commission paid to a broker
Q15: A _ mutual fund is purchased directly
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