A long position is described as one
A) where you buy,and then own securities.
B) where you have accumulated considerable investment gains.
C) where you have held the same securities for many years.
D) where you borrowed money to buy the securities.
Correct Answer:
Verified
Q50: You take a long position in a
Q51: A brokerage account that lets you borrow
Q52: A round lot is
A)100 shares.
B)10 shares.
C)1,000 shares.
D)an
Q53: You purchased 100 shares of KLM at
Q54: You bought a stock at $50 a
Q56: You engage in a short sale when
Q57: The amount of funds needed to buy
Q58: If you tell your broker to buy
Q59: Which one of the following market tools
Q60: A purchase order for less than 100
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents