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Which one of the following statements is correct? OA) The bank charges the broker the margin interest rate, and the broker charges the customer a
Which one of the following statements is correct? OA) The bank charges the broker the "margin interest rate", and the broker charges the customer a "broker call rate" B) Maintenance margin is the part of a transaction's value a customer must pay to initiate the transaction, with the remainder borrowed. C) Margin interest rate is the broker call rate plus a percentage added on by the brokerage firm. D) There are three separate margin requirements: Initial margin, maintenance. margin, and call margin. E) Margin is equal to the amount borrowed divided by the value of the securities owned.
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