【正文】 AACSB: AnalyticBlooms: ApplyDifficulty: Intermediate$4,800.B.AACSB: AnalyticBlooms: ApplyDifficulty: Intermediate$4,000C.14.Assume you purchased 200 shares of GE mon stock on margin at $70 per share from your broker. If the initial margin is 55%, how much did you borrow from the broker?broker39。a price concession an investor may be forced to make.D.broker39。AACSB: AnalyticBlooms: ApplyDifficulty: Intermediatecorporate directors.C.12.Restrictions on trading involving insider information apply to the following exceptA limitsell order is where investors specify prices at which they are willing to sell a security.C.11.Which one of the following statements regarding orders is false?stopbuy order.D.limitsell order.E.A.the Federal Reserve System and the New York Stock Exchange.The Board of Governors of the Federal Reserve System determines initial margin requirements.A.transactions on the AMEX, through the investment banker, and in the OTC market.The secondary market consists of transactions on the organized exchanges and in the OTC market. The investment banker is involved in the placement of new issues in the primary market.transactions on the AMEX.B.AACSB: AnalyticBlooms: ApplyDifficulty: Intermediatebuys the stock from the pany and resells the issue to the public.B.AACSB: AnalyticBlooms: ApplyDifficulty: Intermediateact as intermediaries between issuers of stocks and investors.B.AACSB: AnalyticBlooms: ApplyDifficulty: IntermediateSpecialists stand ready to trade at quoted bid and ask prices.D.to unwary investors.D.in the secondary and primary markets.E.A.in the secondary and primary markets.Secondary market transactions consist of trades between investors.A.clients and prospective clients.the government.B.All of the options are required under the CFA Institute standards.s investmentsC.I, II, and VD.I, II, and VD.greenmail.D.$C.62.You sold short 100 shares of mon stock at $75 per share. The initial margin is 50%. At what stock price would you receive a margin call if the maintenance margin is 30%?$50B.%A.35%D.50 sharesD.50 sharesD.%C.56.Assume you sell short 100 shares of mon stock at $30 per share, with initial margin at 50%. What would be your rate of return if you repurchase the stock at $35 per share? The stock paid no dividends during the period, and you did not remove any money from the account before making the offsetting transaction.%B.24%28%B.24%28%B.B.B.$A.$A.$1,.A.$2,250.D.Route half of the order to AMEX and the other half to the NYSE.E.A.The shares are sold directly to a small group of institutional or wealthy investors.E.A.II and IIIE.A.all other panies in the same line of business.E.A.60%E.A.Cannot tell from the information given$4,500.B.short selling.A.establishment of electronic munications networks (ECNs).E.A.a bestefforts agreement.E.A.secondary market transaction.E.A.500 sharesE.A.limitsell order.E.A. permit those with a level 2 subscription to receive all bid and ask quotes, but not to enter their own quotes。permit those with a level 2 subscription to receive all bid and ask quotes, but not to enter their own quotes.C.34.NASDAQ subscriber levelsthe broker holds the stock in the brokerage firm39。s street address.B.33.When stocks are held in street namea trade of many shares of one stock for one other stock.C.32.A program trade is10,000。500。increases transaction costs to the issuing firm.D.Limitsell orderD.Limitsell orderD.Limitbuy orderD.Limitbuy orderD.Limitloss orderD.Discretionary orderC.24.Which of the following orders is most useful to short sellers who want to limit their potential losses?s broker in street name.C.Provide liquidity to the market.D.33%C.21.Assume you sold short 100 shares of mon stock at $50 per share. The initial margin is 60%. What would be the maintenance margin if a margin call is made at a stock price of $60?$B.%A.%E.A.E.A.$49D.$5,600.D.$7,700D.broker39。a price concession an investor may be forced to make.D.broker39。None of the options is subject to insider trading restrictions.corporate officers.B.A market order is an order to buy or sell a stock on a specific exchange (market).A.dayorder.E.A.limitsell order.E.A.the New York Stock Exchange.D.transactions through the investment banker.D.agrees to help the firm sell the stock at a favorable price.C.6.In a firm mitment, the investment bankeract as intermediaries between issuers of stocks and investors.B.Specialists maintain a book listing outstanding unexecuted limit orders, earn ine from missions and spreads in stock prices, and stand ready to trade at quoted bid and ask prices.Specialists maintain a book listing outstanding unexecuted limit orders.B.only on days when the market is up.A.in the secondary and primary markets.E.A.usually with the assistance of an investment banker.D.Chapter 03How Securities Are TradedA.in the secondary and primary markets.in the secondary market.B.in the primary market and usually with the assistance of an investment banker.in the secondary market.B.4.Which of the followin