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Business, 12.08.2020 05:01 hstover496

A retired customer has an existing stock portfolio held in a cash account. He has heard that "leveraging" his portfolio can increase his return. The portfolio holds blue chip stocks that pay current dividends. He wants to transfer the positions to a margin account and use them as collateral to buy more stocks of the same blue chip companies. Which statement is TRUE

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A retired customer has an existing stock portfolio held in a cash account. He has heard that "levera...
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