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Which best explains how buying on margin increases the leverage of currency traders? Responses Margin buying gives traders a profit rate that is one unit
Which best explains how buying on margin increases the leverage of currency traders? Responses Margin buying gives traders a profit rate that is one unit higher. Margin buying gives traders a profit rate that is one unit higher. Borrowing money allows traders to make large purchases without a large amount of money up front. Borrowing money allows traders to make large purchases without a large amount of money up front. Currency purchases can only be made on the large scale, enabled by borrowing from currency brokers. Currency purchases can only be made on the large scale, enabled by borrowing from currency brokers. Buying on margin allows traders to sell shares in a company that they do not yet own
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