Which of the following is false?
A) Buying stocks on the margin refers to putting up only a fraction of the stock's selling price and borrowing the rest.
B) Currently, the margin requirement to purchase stock is set by the Fed and is equal to 50 percent.
C) Stocks may be traded in organized markets such as the NYSE, the American Stock Exchange, or other regional stock exchanges.
D) Stock exchanges are the only secondary markets for stocks.
Correct Answer:
Verified
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