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scoray [572]
3 years ago
9

A customer opens a short margin account by selling short 600 shares of XYZ stock at $80 per share and deposits the required marg

in. If the stock declines in value by 25%, the customer's equity in the account will:

Business
1 answer:
astra-53 [7]3 years ago
4 0

Answer:

It will increase by 50%

Explanation:

Equity is given as: credit - short market value.

Find attached below table of solution

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A. Innovator

Explanation:

Adopter categories divides consumers into segments based on their willingness to try out a new ideas or product.

There are five groups of adopters:

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3 years ago
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Ruiz Engineering Contractors incurred service salaries and wages of $37,700 ($27,300 direct and $10,400 indirect) on an engineer
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Explanation:

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3 years ago
Your introduction should be no more than _____ percent of your speech time.
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You received a signed broker-to-broker transfer initiation form (TIF) from an established customer desiring to transfer a specif
almond37 [142]

Your firm must submit the transfer instruction to the carrying member through the ACATS <u>A) Immediately.</u>

<h3>What is the Automated Customer Account Transfer Service (ACATS)?</h3>

The Automated Customer Account Transfer Service (ACATS) is a standardized and automatic system sanctioned by the Financial Industry Regulatory Authority (FINRA) that transfers financial securities in customers' accounts from one brokerage firm or bank to another.

Under the FINRA's Uniform Practice Code, a customer may transfer some or all of their securities.

Thus, the FINRA's Uniform Practice Code requires that your firm <u>immediately</u> forwards the TIF to the next broker.

Learn more about Financial Industry Regulatory Authority (FINRA) at brainly.com/question/8777317

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<h3>Question Completion with Answer Options:</h3>

What does FINRA's Uniform Practice Code require?

A) Immediately.

B) within 1 business day.

C) within 3 business days.

D) within 2 business days.

4 0
2 years ago
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