Business, 10.12.2019 03:31 arlettr12

Adam culbreath wanted to invest in the stock market, but didn't have the entire $10,000 he needed to buy the shares of the company he wanted. adam does have $7,000, so he decided to borrow the remainder of the stock's purchase price from his broker in order to be able to buy the stock he wanted. adam: a. buying stock on marginb. means borrowing some of the stocks' purchase c. cost from the brokerage firm. d. in this case, adam bought on margin by borrowing the remaining $3,000 he needed.

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Adam culbreath wanted to invest in the stock market, but didn't have the entire $10,000 he needed to...

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