Which of the following are correct statements concerning the NYSE?
I. Each stock has a designated location, called a post, at which its shares are traded.
II. The NYSE is a dealer market.
III. Supply and demand determines the price of each security.
IV. A designated market maker buys and sells to maintain a market for a particular security.
A) I and II only
B) I and III only
C) I, III and IV only
D) I, II, III and IV
Correct Answer:
Verified
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