eemorales5100
13.03.2020 •
Business
Ernest was a stockbroker in the United States in the 1920s. He would buy stocks worth $5000 by investing $800 and taking a loan from a bank to make the rest of the payment. However, when his stock prices would plummet, he would repay the loan on demand by the bank. Which of the following types of loans does this scenario illustrate?
A) A syndicated loanB) A call loanC) A leveraged loanD) A payday loanE) A title loan
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Ответ:
1) Do I have enough money saved for a down payment?
2) How much can I afford to pay each month?
3) What are the advantages of buying or renting?
Explanation:
I got it correct 100% on Edge 2021 hope this helps you have a nice day :)