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Which of the following statements is not true with respect to organized securities exchanges? Multiple Choice O O Securities exchanges provide corporations and shareholders increased

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Which of the following statements is not true with respect to organized securities exchanges? Multiple Choice O O Securities exchanges provide corporations and shareholders increased liquidity for their securities. Exchanges operate as "auction" markets. Organized exchanges have a physical location Stocks traded on exchanges are referred to as unlisted securities A relatively new Canadian stock exchange is the: Multiple Choice O Canadian Securities Exchange (CSE). O Canadian Alliance of Traded Securities. O S&P/TSX Composite. Bourse de Montreal (ME). In an efficient market: Multiple Choice (0) the investor does not receive abnormal returns consistently. information flow is exclusively through investment dealers. all financial transactions have an NPV greater than zero. the investor is not compensated properly for risk borne

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