Dealers are subject to capital risk, because they must finance their inventories of securities.
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Q7: The stocks owned by households represent about
Q8: A broker market eliminates the need for
Q9: For a commission fee that is less
Q10: For investors, the function of secondary markets
Q11: A large number of investors in equities
Q13: Preferred shareholders are not guaranteed any dividend
Q14: In terms of the total stock value
Q15: Brokers are exposed to inventory risk since
Q16: The common shareholders of a company have
Q17: Equity securities are certificates of ownership of
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