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Question 6 Which of the following statement is CORRECT? a) There is a trend of globalization among the stock exchanges through mergers and acquisitions. O

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Question 6 Which of the following statement is CORRECT? a) There is a trend of globalization among the stock exchanges through mergers and acquisitions. O b) The transaction cost is higher under an order-driven system than under a quote-driven system. O c) As shareholders have limited liability, it is less risky to invest in shares than in debt. d) None of the above is correct

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