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A customer purchases $100,000 of corporate bonds at 40% in a margin account. The customer must deposit:__________ A. $2,000 B. $7,000 C. $8,000 D. $20,000

A customer purchases $100,000 of corporate bonds at 40% in a margin account. The customer must deposit:__________ A. $2,000 B. $7,000 C. $8,000 D. $20,000
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A customer purchases $100,000 of corporate bonds at 40% in a margin account. The customer must deposit:__________

A. $2,000
B. $7,000
C. $8,000
D. $20,000

User Bubbles
by
8.0k points

2 Answers

3 votes
The answer is D right
User Ajith Deivam
by
7.6k points
2 votes
The Answer is D

Step by step explanation
User Bogdan B
by
7.7k points
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