Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following statements is/are CORRECT? 1. Capital market is for long-term debt and stock. II. NYSE has more listing and it also has

image text in transcribed
Which of the following statements is/are CORRECT? 1. Capital market is for long-term debt and stock. II. NYSE has more listing and it also has bigger market value than NASDAQ's listing. III. NASDAQ is an example of OTC market. IV. NYSE is the oldest US registered stock exchange and also has the largest primary market. V. NASDAQ dealers hold inventories of stocks. VI. Firms sell new securities in the secondary market to raise the capital. VII. When your uncle sells 100 shares of Amazon stocks, Amazon company will receive part of proceeds from this transaction. VIII. Unlike NASDAQ dealers, NYSE specialists do not hold inventories of stocks. IX Unlike hedge fund, mutual fund is highly regulated mutual fund institution. 1) I, III, V and IX. 2) I, II, III, IV, V and IX. 3) 1, 11, III, V, VI, VIII and IX. 4) I, II, III, V and IX. 5) 111, 111, IV, V, VII and V

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Grow Your Small Business Profits How I Find A 100K In Any Business In 45 Minutes

Authors: Sharon Coleman

1st Edition

B0C9S9CCZJ, 979-8850917258

More Books

Students also viewed these Finance questions