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What is the purpose of a margin account and using margin to purchase stocks? A margin account allows you to purchase stocks without using any
What is the purpose of a margin account and using margin to purchase stocks?
A margin account allows you to purchase stocks without using any of your own money. |
A margin account allows you to purchase more shares than you could afford to purchase using only your own money. |
Using margin to purchase more shares gives you the potential to earn a higher return on your investment. |
All of the above are correct. |
Only B and C are correct. |
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