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In the late 1920s, which of the following methods allowed investors to purchase stock at a fraction of its price and borrow the rest from the brokerage firm?

a. buying on debt b. buying on futures c. buying on a bear market...

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In the late 1920s, which of the following methods allowed investors to purchase stock at a fraction of its price and borrow the rest from the brokerage firm?

a. buying on debt
b. buying on futures
c. buying on a bear market
d. buying on margin

Answer

The answer is D. Buying on Margin Buying on margin stock is a purchase of stocks by paying the stock margin and borrowing the balance from a Bank or broker.
Before buying on margin, the investors back then need to open a margin account from the broker

Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 46 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 59 views.

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