answer true or false.

1. If IBM sold additional shares of stock, it would do so in the primary market. 2. It is fair to say that Rule 415 is more beneficial to large corporations than to investors. 3. It is fair to say that the shares of large corporations would not trade on the third market. 4. Logically, bid price $60. 6. A margin rate of 65% would mean that only 35% of a trade requires cash. 7. If the margin rate is 50%, the leverage factor would be 0.50. 8. If the stock price is $40, shares are 100, margin rate is 60% and maintenance margin is 25%, the lowest price before a margin call would be less than $22. 9. The purchaser of short sale stock receives dividends from the short seller. 10. If you pay $10 for a stock on 40% margin and it improves to $12. your return on margin > 40%