You own 100 shares of General Electric stock and you want to sell it because you need
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You own 100 shares of General Electric stock and you want to sell it because you need the money to make a down payment on a car. Assume there is absolutely no secondary market system in common stocks. How would you go about selling the stock? Discuss what you would have to do to find a buyer, how long it might take, and the price you might receive.
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Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-1305262997
11th Edition
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
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