Staci Just Used $6,000 of Cash Plus a $3,500 Margin

question 62

Multiple Choice

Staci just used $6,000 of cash plus a $3,500 margin loan to purchase $9,500 worth of stock. This is the only transaction in her brokerage account. According to her account balance sheet, she now has account equity of:

• A)$2,500.
• B)$3,500.
• C)$6,000.
• D)$9,500.
• E)$19,000.

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Definitions:

Depression

An ailment in emotional health marked by consistent depressive emotions or detachment from pleasures, leading to significant obstructions in day-to-day life.

Motivational Symptom

A symptom manifesting in decreased desire or drive to engage in previously pleasurable activities, often seen in various psychological disorders.

Unipolar Depression

A profound depressive disorder identified by perpetual feelings of sorrow or an indifference to the external environment.

Persistent Depressive Disorder

A chronic form of unipolar depression marked by ongoing and repeated symptoms of either major or mild depression.