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 arranges 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 or sells securities

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

Option B is false because price on which dealer willing to buy is called bid price

Option D is false because it is called broker

Option E is false because alternate voting means when voter ranks candidates in order of preference