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1.A customer previously entered an open order to buy 500 shares of XYZ at $40 that was accepted by a brokerage firm. If XYZ announced
1.A customer previously entered an open order to buy 500 shares of XYZ at $40 that was accepted by a brokerage firm. If XYZ announced a 10% stock dividend, how will the order be adjusted on the ex-dividend date?
The order would be canceled
500 shares of XYZ at $40
500 shares of XYZ at $36.36
550 shares of XYZ at $36.36
2.
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The consolidated Tape shows all of the following except
Preferred stocks
Common stocks
Bonds
Warrants
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Which NASDAQ OMX PHLX access level includes all firm quotes entered by all market makers?
Level III
Level IV
Level I
Level II
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