CORPORATE FINANCE (LOOSELEAF)-TEXT
CORPORATE FINANCE (LOOSELEAF)-TEXT
7th Edition
ISBN: 9781337910002
Author: EHRHARDT
Publisher: CENGAGE L
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Chapter 1, Problem 8Q
Summary Introduction

To compare: The trading in dealer markets, direct auctions, and automated platforms.

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Explain how the dealer market works. Be sure to mention market makers, bid and ask prices, the Nasdaq market, and the OTC market.
Critically explain, including the use of a graph, the security market line (SML).
Which kind of online trade are the most common? Example:
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