Which of the following statements is NOT true?
A) Odd lots consist of the purchase or sale of fewer than 100 shares of stock.
B) The commission rates on odd lots are often less expensive on a per share basis than for round lots.
C) Most trades on the NYSE are done via round lots.
D) When stock prices begin to rise above the preferred trading range,the cost of a round lot may move out of the range of many small retail traders.
Correct Answer:
Verified
Q64: _ are just paper financial transactions.
A)Stock dividends
Q65: ACME Inc.has decided on a 10-for-1 reverse
Q66: ACME Inc.has decided on a 25% stock
Q67: The _ theory of stock splits states
Q68: Round lots trade in increments of _
Q70: Historically,the average price on the New York
Q71: Stock splits and stock dividends _.
A)are just
Q72: ACME Inc.has decided on a 4-for-1 REVERSE
Q73: Empirical evidence shows that a stock split
Q74: Historically,the average price on the _ has
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