Question: 39. The key difference between a stock dealer versus a broker on the NYSE stock exchange? A. Stock dealer maintains an inventory ready to buy

39. The key difference between a stock dealer versus a broker on the NYSE stock exchange?

A. Stock dealer maintains an inventory ready to buy or sell at any time, whereas a broker brings buyers and sellers together.

B. Stock broker maintains an inventory ready to buy or sell at any time, whereas a dealer brings buyers and sellers together.

C. Realtor maintains an inventory ready to buy or sell at any time, whereas an analyst brings buyers and sellers together.

D. Hedge fund manager maintains an inventory ready to buy or sell at any time, whereas a realtor brings buyers and sellers together.

E. A member maintains an inventory ready to buy or sell at any time, whereas a cover agent brings buyers and sellers together.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The detailed answer for the above question is provided below The correct answer is A Stock dealer ma... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...

Q:

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

Q:

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Q:

39. The key difference between a stock dealer versus a broker on the NYSE stock exchange? A. Stock dealer maintains an inventory ready to buy or sell at any time, whereas a broker brings buyers and...

Q:

Reply to the following discussion A project manager may manage multiple projects; however, they do not oversee how all those projects are related or determine the best strategy on how to implement...

Q:

What is the difference between an agent and a broker? What is the key difference between a stock and mutual insurer?

Q:

Part 1 Time Value of Money 1. Jamie wants to retire in 20 years. She thinks she will need to have $1,000,000 for her retirement in order to live on while she is no longer working. Were going to solve...

Q:

Students will be asked to produce a report considering the potential leadership styles suggested for their group meetings (2-3 students per group) as business executives of an innovative...

Q:

1. What is an investment? 2. What is the key difference between a "real asset" and a "financial asset"? 3. We have discussed three types of financial assets are: The two primary financial assets are:...

Q:

(Short-Answer and Algebraic Questions): (The numbers in square brackets give the breakdown of the points for various parts of each question. please explain your answers.) 1. This questions is based...

Q:

Question: Find even component of given signal. H() -2t e cost

Q:

Data on the median age of the U.S. population in selected years are listed in the table below. Model the data with a linear function, estimate the median age in 1998, and predict the median age in...

Q:

3 . 1 . Evaluate the l i m i t , l o g x 2 x + 1 x 2 + 3 2 Show all your calculations

Q:

Describe how the granting revoking privileges help to maintain the security in discretionary access control of data base. Explain with the help of grant and revoke commands in SQL

Q:

12. Find the matrix B if T T 6 3 -5 6. -16 17 1 B+ 2 23 8 3 - 3 8 -9 -16 26.5 1 4 -4 2

Q:

29 1 pts The Emergency Management Institute provides a nationwide training program of resident and nonresident courses. True False Question 30 1 pts There is a clear defining line that separates...

Q:

Donaldson & Son has an ROA of 10%, a 2% profit margin, and a return on equity equal to 15%. What is the companys total assets turnover?What is the firms equity multiplier?

Q:

The exercise price on one of Flanagan Companys options is $15, its exercise value is $22, and its time value is $5. What are the options market value and the price of the stock?

Q:

How can swaps be used to reduce the risks associated with debt contracts?

Q:

Develop a trend equation for the net sales ($ million) for Home Depot. Consider both a linear trend and a nonlinear trend. Which one would you select and why? Given the trend equation you selected,...

Q:

Use the variables mean amount per transaction and number of associates to forecast net sales. Are these two independent variables reasonable predictors of net sales? Because all of these variables...

Q:

The enrollment in the College of Business at Midwestern University by quarter from 2009 to spring 2013 is: Using the ratio-to-moving-average method: a. Determine the four quarterly indexes. b....