Which of the following is true of a securities exchange?
A) The stocks are traded on a securities exchange using pink slips only.
B) The traded securities change hands right there on the floor of the securities exchange.
C) The buyer and the seller in a securities exchange underwrite shares with the investment banker.
D) The securities exchange acts as a market maker where new securities are sold to the public.
E) The securities exchange is a primary market for sale of securities on the over-the-counter bulletin board (OTCBB) .
Correct Answer:
Verified
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