Business
Business, 23.07.2021 01:20, daniel8orange

A customer has a margin account at a broker-dealer, but has not yet borrowed any funds or securities from the firm. The account has $160,000 of marginable securities, $60,000 of non-marginable securities, and $70,000 in cash. Based on these values, what's the total dollar value of marginable securities that the customer may purchase without being required to deposit any additional funds

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Answers: 3

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A customer has a margin account at a broker-dealer, but has not yet borrowed any funds or securities...

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