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John calls his stockbroker and instructs him to purchase 100 shares of Microsoft Corporation common stock. This transaction occurs in the A) futures market. B)

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John calls his stockbroker and instructs him to purchase 100 shares of Microsoft Corporation common stock. This transaction occurs in the A) futures market. B) secondary market. C) primary market. D) credit market. All of the following are benefits of organized stock exchanges EXCEPT A) continuous markets. B) fair security prices. C) easier access to new capital for business expansion. D) increased stock price volatility. Which of the following represents the correct ordering of returns over the period 1926 to 2011 (from lowest to highest return)? A) long-term corporate bonds, Treasury bills, common stocks, small firm common stocks B) Treasury bills, long-term corporate bonds, common stocks, small firm common stocks C) Treasury bills, common stocks, long-term corporate bonds, small firm common stocks D) small firm common stocks, common stocks, long-term corporate bonds, Treasury bills

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