Which one of the following statements about IPOs is not true?
A. IPOs generally underperform in the short run.
B. IPOs often provide very good initial returns to investors.
C. IPOs generally provide superior long-term performance as compared to other stocks.
D. Shares in IPOs are often primarily allocated to institutional investors.
查看答案
An order to buy or sell a security at the current price is a ______________.
A. limit order
B. market order
C. stop loss order
D. stop buy order
Which one of the following is not an example of a brokered market?
A. Residential real estate market
B. Market for large block security transactions
C. Primary market for securities
D. NASDAQ
What is the difference between a primary and secodary market?
What is the role of an underwaiter ? A prospectus?
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