Question: True / False State whether the following statements are true or false. You do NOT need to provide a justification. a ) Suppose that an
TrueFalse
State whether the following statements are true or false. You do NOT need to provide a justification.
a Suppose that an investor submits a limit order to sell stocks. The order will be executed immediately as long as there are outstanding orders to buy in the limit order book. True False
b Brokers in stock market are always ready to buy and sell the stocks in which they are specialized. True False
c Suppose that a corporation fails to fulfill its debt obligation. Nevertheless, its owners' personal wealth cannot be taken by the creditors. True False
d A corporation's market capitalization is the market value of the firm's total assets. True False
e If a firm's markettobook ratio market value of equity book value of equity is higher than one, the firm is overvalued in the market. True False
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