What is the purpose of margin accounts?
Question:
What is the purpose of margin accounts?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Margin accounts serve several purposes in the realm of investing Leverage One of the primary purposes of margin accounts is to allow investors to leve...View the full answer
Answered By
Gilbert Chesire
I am a diligent writer who understands the writing conventions used in the industry and with the expertise to produce high quality papers at all times. I love to write plagiarism free work with which the grammar flows perfectly. I write both academics and articles with a lot of enthusiasm. I am always determined to put the interests of my customers before mine so as to build a cohesive environment where we can benefit from each other. I value all my clients and I pay them back by delivering the quality of work they yearn to get.
4.80+
14+ Reviews
49+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What is the purpose of requiring a margin on a futures or option transaction? What is the difference between an initial margin and a maintenance margin?
-
Donna Jamison was recently hired as a financial analyst by Computron Indus tries a manufacturer of electronic components. Her first task was to conduct a financial analysis of the firm covering the...
-
Maicom Construction Materials Inc. , hereinafter referred to as "MCM", is a construction materials company established in Moncton, New Brunswick. Its facilities (warehouse, store and offices) are...
-
Write a data type Interval that implements the following API: An interval is defined to be the set of all points on the line greater than or equal to min and less than or equal to max. In particular,...
-
What did the amount of the jury's award of $686,000 in damages represent? Explain.
-
Evergreen Park Corp. was started on April 1 by Susan and Bill Helms. The following selected events and transactions occurred during April.. LO5 Apr. 1 Invested $100,000 cash in the business in...
-
One of your primary concerns with the project scope is that the stakeholders may add requirements once the project is in motion. Why should the project scope be guarded against even simple additions?...
-
The following events occur for Morris Engineering during 2015 and 2016, its first two years of operations. February 2, 2015 Provide services to customers on account for $ 38,000. July 23, 2015...
-
Question 2 2 pts The following information is available from INDIANA INC's 2019 financial statements and an analyst's expectations of INDIANA INC's income statement and balance sheet for the fiscal...
-
How do the margin requirements for a small retail trader differ from those for a member of the exchange clearinghouse?
-
What gave rise to Jerome Kerviels big loss?
-
Based on information in the passage, which of the following stars most likely has at least one planet with an elliptical orbit? F. Star 2 only G. Star 4 only H. Stars 1 and 3 only J. Stars 1, 3, and...
-
The requirement for extended disclosures for oil and gas reserves described in Chapter 2 followed a Congressional hearing on the poor disclosures that Shell Oil had for its reserves. A.Explain three...
-
Question 9 Big Data techniques implemented in the financial sector include: fraud detection O marketing email campaign O customer relationship management techniques O inventory analysis
-
Problem 8-19A Attaining notfonpmt entity variances The Redmond Management Association held its annual public relations luncheon in April Year 2. Based on the previous year's results, the organization...
-
Kay, who is not a real estate dealer, sold an apartment house to Polly during the current year (2020). The closing statement for the sale is as follows. Total selling price $190,000 Add: Polly's...
-
1 English Writing Requirement Assignment Guidelines Sem 1 2023-24 Subject code AAE1D02 Subject title Introduction to Space Exploration Credit value 3 CAR Teachers Prof. WEN Chih-Yung, Prof. WU Bo,...
-
The term globalization has become very widely used in recent years. How would you define it?
-
Dr. Chan obtained a $15,000 demand loan at prime plus 1.5% on September 13 from the Bank of Montreal to purchase a new dental X-ray machine. Fixed payments of $700 will be deducted from the dentists...
-
A local bookstore is considering adding a coffee shop to their store. Building the coffee shop will cost $256,340.00 today. The bookstore is going to try this project for five years. The bookstore...
-
What is the depreciation deduction, using each of the following methods, for the second year for an asset that costs $40,000 and has an estimated MV of $5,000 at the its seven-year useful life?...
-
How do we use the simulation analysis for financial decision making
Study smarter with the SolutionInn App