A customer's account appears as follows:
$100,000 MV Long
$ 40,000 DB
$ 60,0...
Business, 20.04.2020 22:38 dyshekagraves
A customer's account appears as follows:
$100,000 MV Long
$ 40,000 DB
$ 60,000 EQ
The securities in this customer's account INCREASE in value by $25,000, and the debit balance is decreased by $5,000. After these changes, what is the buying power in the account?
(A) $27,500
(B) $35,000
(C) $55,000
(D) $90,000
Answers: 2
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