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1) Sumir found a $1,000 face value bond that belonged to his father. He checked The Wall Street Journal and found the bond was currently
1) Sumir found a $1,000 face value bond that belonged to his father. He checked The Wall Street Journal and found the bond was currently selling for $1.220. This bond will sell at a A discount. B.premium. C.price that is overvalued. D.primary market. 2) Jake impresses his friends by stating that he just cast four votes in the election of the board of directors of Energy Electronics, indicating that Blake owns stock in Energy Electronics. A preferred B.cumulative preferred C.registered D. Common 3) Though Mateo relies on his stockbroker to execute his buy and sell orders for shares of stock, he has found that the process of buying or selling a share of stock on a major stock exchange normally takes A Weeks. B.seconds. C.days D. months
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