CONNECT WITH LEARNSMART FOR BODIE: ESSE
CONNECT WITH LEARNSMART FOR BODIE: ESSE
11th Edition
ISBN: 2819440196246
Author: Bodie
Publisher: MCG
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Chapter 3, Problem 12PS

Are the following statements true or false? If false, correct them. (LO 3-4)
a. An investor who wishes to sell shares immediately should ask his or her broker to enter a limit order.
b. The ask price is less than the bid price.
c. An issue of additional shares of stock to the public by Microsoft would he called an IPO.
d. An ECN (Electronic Communication Network) is a computer link used by security dealers primarily to advertise prices at which they are willing to buy or sell shares.

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Securities Markets and Transactions Pt1; Author: Larry Byerly;https://www.youtube.com/watch?v=v0ClVlaxWFY;License: Standard Youtube License