Brokers' calls
A)are funds used by individuals who wish to buy stocks on margin.
B)are funds borrowed by the broker from the bank,with the agreement to repay the bank immediately if requested to do so.
C)carry a rate that is usually about one percentage point lower than the rate on U.S.T-bills.
D)A and B.
E)A and C.

Question

Quizplus · Accepted Answer

Brokers' calls refer to funds borrowed by brokers from banks to lend to clients for margin trading, and individuals use these funds to buy stocks on margin.

Brokers' Calls