4. A \"down payment\" is: (2 points) A payment that an investor must make if the

Question

4. A "down payment" is: (2 points) A payment that an investor must make if the value of the securities posted as collateral for a margin loan falls below a certain level. a. b. A portion of the purchase price of a home paid by the purchaser, who borrows the remainder of the purchase price in the form of a mortgage. c. A payment that an investor receives if he has opened a "short position" which accurately anticipates the decline in a particular company's stock price. d. An interest payment on a mortgage whose adjustable rate has been reset to a lower interest rate, thereby reducing the amount of the monthly payment.

Explanation / Answer

A down payment is the initial payment a person make when he or she purchases an asset and for the rest of the amount he or she takes loan ,

so answer is B

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