Brianna calls her stockbroker at Makememoney Brokers and finds out that Profitz, Inc. is raising capital by selling its stock to the public. She believes the stock is priced low and she will make a profit in the future, so she orders her broker to purchase 2,000 shares of Profitz Inc. stock. Which party is the investor, which is the issuer, and which is the intermediary? Explain the role each party plays in this transaction.

Question

Quizplus · Accepted Answer

The Answer of Brianna calls her stockbroker at Makememoney Brokers and finds out that Profitz, Inc. is raising capital by selling its stock to the public. She believes the stock is priced low and she will make a profit in the future, so she orders her broker to purchase 2,000 shares of Profitz Inc. stock. Which party is the investor, which is the issuer, and which is the intermediary? Explain the role each party plays in this transaction.

Brianna Calls Her Stockbroker at Makememoney Brokers and Finds Out