If you lost 10 percent on $200 worth of stock in a 3x margin account, then you would lose:

A. $40.
B. $30.
C. $60.
D. $20.

Answer: C

Economics

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At the market equilibrium

a. quantity exceeds price b. excess demand equals excess supply (and both are zero) c. price and quantity are equal d. each seller produces at full capacity e. everyone who is represented along the demand curve buys the good

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In a monopsonistic market, a firm's demand curve for labor is equal to its marginal revenue product and has a nonzero slope

Indicate whether the statement is true or false

Economics