contestada

Which of the following best explains how currency traders can buy large amounts of a currency with little money up front? A. They sell shares in their enterprise to provide investment capital. B. They buy on margin to provide leverage for a large purchase. C. They purchase only currencies with a very low exchange rate. D. They use a bond issue to raise money for their trades.

2b2t

Respuesta :

glitterguts

Answer:

B. They buy on margin to provide leverage for a large purchase.

Explanation:

Tundexi

The statement that best explains how currency traders can buy large amounts of a currency with little money up front is when they buy on margin to provide leverage for a large purchase.

Who are currency traders?

These are people that who trades currencies on the foreign exchange.

Hence, these traders buys large amounts of a currency with little money up front because they buy on margin to provide leverage for a large purchase.

Therefore, the Option B is correct.

Read more about currency trader

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