Question
You buy 50 shares of Amazon at a price of $2,000 per share using $50,000 of your own cash and a loan from your broker
You buy 50 shares of Amazon at a price of $2,000 per share using $50,000 of your own cash and a loan from your broker to finance the remainder of the purchase price. What is your maximum possible loss, ignoring any transaction costs?
| $2,000. | ||
| $100,000. | ||
| Unlimited, in principle. | ||
| $50,000. |
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The Best Retirement Guides For Adults Successful Techniques To Make Your Money Last A Lifetime
Authors: Rebecca W. Anderson
1st Edition
979-8865146025
