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1 November, 08:56

Alex Carter wanted to invest in the stock market, but didn't have the entire $10,000 he needed to buy the shares of the company he wanted. Alex does have $7,000, so he decided to borrow the remainder of the stock's purchase price from his broker in order to be able to buy the stock he wanted. Alex is

A. investing in junk bonds

B. buying on margin

C. Purchasing delayed remittance stock

D. Involved in detx diverstaction.

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Answers (1)
  1. 1 November, 11:16
    0
    Invest in stock market would be based on answer d.
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