|Author||Topic: question in reading 55|
|investor who buys stock of apple may use the financial sytem to:
1. manage risk
2. trade on information
3. borrow money
answer says 1 and 2 but only describes 2 and then talks about saving money which is not one of the responses above. Why isn't it 3 as well? it's in the notes, and i would have thought if an investor wants to trade on margin they will need to borrow money ?
lots more questions but this is one of em. thanks peeps