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You recently contacted a brokerage firm and purchased 100 shares of stock. The brokerage firm acquired the shares for you by making a deal with
You recently contacted a brokerage firm and purchased 100 shares of stock. The brokerage firm acquired the shares for you by making a deal with a floor broker who represented one of the stock issuer's shareholders. Given this, you know your purchase:
Multiple Choice
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involved the issuance of new shares.
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was conducted in the secondary market.
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occurred over-the-counter.
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was for shares of a stock listed on NASDAQ.
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occurred on an ECN.
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