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2. Which one of the following best describes the term initial margin? A. Amount of money that must be deposited to open a margin account

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2. Which one of the following best describes the term "initial margin"? A. Amount of money that must be deposited to open a margin account with a broker B. Amount of cash that must be paid to purchase a security on margin C. Amount of cash that must be paid when a broker issues a margin call D. Amount of money borrowed when a security is purchased E. Total loan amount offered to a customer by a brokerage firm to cover future purchases

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