Essentials of Corporate Finance
Essentials of Corporate Finance
8th Edition
ISBN: 9780078034756
Author: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 7, Problem 7.3ACQ
Summary Introduction

To discuss: The difference between securities dealer and securities broker.

Introduction:

Securities dealer is an agent or a person who buys or sells securities for their own trading accounts. They maintain an inventory and trade at any time.

Securities broker is a person who stands between the consumers and World’s financial market. They mostly arrange security transactions among the investors (consumers).

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Chapter 7 Solutions

Essentials of Corporate Finance

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