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LUSD-World HistoryB A-G
Global Economic Crisis
Question 7
7
Quiz
Multiple Choice
Global Economic Crisis
Question 7 • LUSD-World History(B) (A-G)
The term “on margin” means
Answer
A
paying the balance in full for an asset with no down payment.
B
paying a high-interest rate on a bank or broker loan for an asset.
C
paying the down payment on an asset and borrowing the balance.
D
paying a loan back for an asset only after profiting from a trade.
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