Investments An Introduction 12th Edition BY Herbert-Test Bank
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Test Bank For Investments An Introduction 12th Edition BY Herbert
ISBN-10:1305638417, ISBN-13:978-1305638419
chapter 2 Securities Markets
TRUE/FALSE
T 1. A serious operate of organized securities markets is to facilitate the transfers of securities amongst buyers.
T 2. A “spherical lot” is the overall unit for buying and selling in a safety.
T 3. The acquisition of 53 shares of IBM is an odd lot.
F 4. If a inventory is quoted 20.0420.25, an investor can promote the inventory for 20.25.
T 5. If a inventory is quoted 12.7913.02, an investor should purchase the inventory for 13.02.
T 6. The unfold between the bid and ask costs needs to be considered as one of many prices of investing.
T 7. Market makers assure to purchase and promote at the very least one spherical lot on the costs they quote.
F 8. The extent of securities costs is ready by market makers.
T 9. The New York Inventory Alternate is an instance of a secondary market.
T 10. Publiclyowned inventory that’s not listed on an change (NYSE) is traded within the overthecounter markets such because the Nasdaq inventory market.
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