If a stock is quoted 20.04-20.25, an investor can sell the stock for 20.25.
Correct Answer:
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Q1: Market makers guarantee to buy and sell
Q3: If a stock is quoted 12.79-13.02, an
Q4: After purchasing stock, an investor may place
Q5: Once securities are purchased, they are usually
Q6: Bid and ask price quotations for over-the-counter
Q7: The margin requirement sets the maximum cash
Q8: Publicly owned stock that is not listed
Q9: A "round lot" is the general unit
Q10: The margin requirement is set by the
Q11: The spread between the bid and ask
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