Which of the following is NOT true about a dealer?
A) A dealer has inventory risk.
B) A dealer matches a buyer and a seller and earns commissions for this service.
C) A dealer posts bid and ask prices.
D) A dealer must have adequate capital to maintain her portfolio of securities.
E) A dealer trades on her own account.
Correct Answer:
Verified
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Q10: A stock's price cum-dividend is $50.If the
Q11: Which statement below is INCORRECT?
A) Arbitrageurs seek
Q12: Traders with superior information are more likely
Q13: Consider the following data: YBM's stock price
Q15: Which of the following is NOT true
Q16: You are a dealer and post a
Q17: Suppose that a stock trader has bought
Q18: The primary market for a stock is:
A)
Q19: Which of the following is NOT true
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