Business, 23.03.2020 18:57 CaptnKragg
In a new margin account, a customer buys 1,000 shares of ABC stock at $40 per share. The stock rises to $50 during the next week and subsequently declines to $39. If there are no other transactions in the account, the current SMA balance would be:A. 0
B. $2,500
C. $5,000
D. $10,000
Answers: 3
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In a new margin account, a customer buys 1,000 shares of ABC stock at $40 per share. The stock rises...
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