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Laleh Mali conducts a stock transaction with the following characteristics:
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A. an order driven market.
B. the secondary market.
C. conjunction with a short sale.
D. a continuous market.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Seasoned issues are new issues by a firm whose shares are already traded on the exchange and are traded in the primary market. The other statements are likely true. Note that stop buy orders are often placed to protect a short sale from a rising market.
NEW QUESTION: 3
A. Option A
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