【正文】 g statements regarding the specialist are true?Specialists earn ine from missions and spreads in stock prices.C.5.Investment bankersact as advisors to panies in helping them analyze their financial needs and find buyers for newly issued securities.C.finds the best marketing arrangement for the investment banking firm.D.A.transactions on the AMEX and in the OTC market.E.A.the Federal Reserve System and the New York Stock Exchange.stopbuy order.B.None of the optionslimitsell order.B.None of the optionsA market order is simply an order to buy or sell a stock immediately at the prevailing market price.B.12.Restrictions on trading involving insider information apply to the following exceptcorporate directors.C.13.The cost of buying and selling a stock consists ofs missions.B.broker39。s missions, dealer39。A.$7,000E.A.$7,200.A.$80B.%B.%%B.20.You sold short 300 shares of mon stock at $55 per share. The initial margin is 60%. At what stock price would you receive a margin call if the maintenance margin is 35%?$C.35%D.A.Act as dealers in their own accounts and analyze the securities in which they specialize.E.A.are borrowed from mercial banks.D.Limitloss orderD.A.Stopbuy orderE.A.Stopbuy orderE.A.Stopbuy orderE.A.Stopbuy orderE.A.Stopbuy orderE.A.is a way of placing issues in the primary market and allows firms to register securities for sale over a twoyear period.E.A. 10C. 30E.a trade of analytic programs between financial analysts.D.the investor receives a stock certificate without the owner39。s name on behalf of the client.E.permit level 1 subscribers to receive general information about prices.D. and permit level 1 subscribers to receive general information about prices.stoploss order.B.limitbuy order.100 sharesB.25 sharesshort sale.B.initial public offering.a red herring.B.a firm mitment.a prohibition of short selling.B.passage of the SarbanesOxley Act.high frequency trading.B.41.You sell short 100 shares of Loser Co. at a market price of $45 per share. Your maximum possible loss isunlimited.C.42.You buy 300 shares of Qualitycorp for $30 per share and deposit initial margin of 50%. The next day, Qualitycorp39。50%B.25%the exchange on which the security will be listed.B.the Federal Deposit Insurance Corporation.I, II, and IIIB.I and IIExtensive and costly registration statements are required by the SEC.B.They have greater liquidity than public offerings.Route the order to the AMEX Stock Exchange.B.It doesn39。A.$7,200.$4,.B.49.You purchased 100 shares of XON mon stock on margin at $60 per share. Assume the initial margin is 50% and the maintenance margin is 30%. Below what stock price level would you get a margin call? Assume the stock pays no dividend。$B.50.You purchased 1000 shares of CSCO mon stock on margin at $19 per share. Assume the initial margin is 50% and the maintenance margin is 30%. Below what stock price level would you get a margin call? Assume the stock pays no dividend。$B.51.You purchased 100 shares of mon stock on margin at $40 per share. Assume the initial margin is 50% and the stock pays no dividend. What would the maintenance margin be if a margin call is made at a stock price of $25? Ignore interest on margin.C.52.You purchased 1,000 shares of mon stock on margin at $30 per share. Assume the initial margin is 50% and the stock pays no dividend. What would the maintenance margin be if a margin call is made at a stock price of $24? Ignore interest on margin.C.53.You purchased 100 shares of mon stock on margin for $50 per share. The initial margin is 50% and the stock pays no dividend. What would your rate of return be if you sell the stock at $56 per share? Ignore interest on margin.33%C.54.You purchased 100 shares of mon stock on margin for $35 per share. The initial margin is 50% and the stock pays no dividend. What would your rate of return be if you sell the stock at $42 per share? Ignore interest on margin.33%C.55.Assume you sell short 1,000 shares of mon stock at $35 per share, with initial margin at 50%. What would be your rate of return if you repurchase the stock at $25 per share? The stock paid no dividends during the period, and you did not remove any money from the account before making the offsetting transaction.%C.%D.A.500 sharesE.A.500 sharesE.A.25%%B.61.You sold short 100 shares of mon stock at $45 per share. The initial margin is 50%. At what stock price would you receive a margin call if the maintenance margin is 35%?$65C.$D.A.tombstone.E.A.I, II, and IVE.A.I, II, and IVE.A.Disclosure of all conflicts to clients and prospectsD.67.According to the CFA Institute Standards of Professional Conduct, CFA Institute members have responsibilities to all of the following exceptthe profession.C.69.List three factors that are listing requirements for the New York Stock Exchange. Why does the exchange have such requirements?Multiple Choice Questionsin the secondary market.B.AACSB: AnalyticBlooms: ApplyDifficulty: Basicin the secondary market.B.in the primary market and usually with the assistance of an investment banker.Funds from the sale of new issues flow to the issuing corporation, making this a primary market transaction. Investment bankers usually assist by pri