Question

Which one of the following is true? Your firm's stock is listed on NYSE. Your firm is planning to issue new equity shares for sale to the general public. This sale will occur in secondary market. The price the dealer is willing to pay is called the ask price A dealer maintains an inventory from which he or she buys and sells securities An agent who arrange a transaction between a buyer and a seller of equity securities is called a floor trader You cannot attend the shareholder's meeting for Facebook so you authorize another shareholder to vote on your behalf. Then, you are using alternative voting.

Answer 1

Option (C ) is true ,A dealer maintains inventory from which he buys and sells securities.

Option A is false because when new securities issued to public ,it is primary market.

Option B is false because it is called bid price not ask price

Option D is false because it is called broker not floor trader

Option E is false because alternate voting means when voters rank candidates in order of preference