Solved

A Loan from a Stockbroker,based on the Stocks and Bonds

Question 72

Multiple Choice

A loan from a stockbroker,based on the stocks and bonds in the customer's portfolio:


A) tends to be at a higher rate than a bank but easier to obtain.
B) can be "called" for payment in a matter of hours or days.
C) is for a maximum of $50,000.
D) has a fixed repayment schedule and must be paid within 90 days.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions