【正文】 ders is false?A.A limitsell order is where investors specify prices at which they are willing to sell a security.C.A market order is an order to buy or sell a stock on a specific exchange (market).corporate officers.B.major stockholders.D.None of the options is subject to insider trading restrictions.broker39。dealer39。a price concession an investor may be forced to make.D.s missions and dealer39。broker39。s bidasked spread, and a price concession an investor may be forced to make.$6,000B.$7,700D.$6,300$4,800.B.$5,600.D.16.You purchased 100 shares of IBM mon stock on margin at $70 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。$21B.$49D.17.You purchased 100 shares of mon stock on margin at $45 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 $30? Ignore interest on margin.A.C.E.18.You purchased 300 shares of mon stock on margin for $60 per share. The initial margin is 60% and the stock pays no dividend. What would your rate of return be if you sell the stock at $45 per share? Ignore interest on margin.A.%C.%E.19.Assume you sell short 100 shares of mon stock at $45 per share, with initial margin at 50%. What would be your rate of return if you repurchase the stock at $40 per share? The stock paid no dividends during the period, and you did not remove any money from the account before making the offsetting transaction.A.%C.%$B.$D.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?A.33%C.25%Act as dealers in their own accounts.B.Provide liquidity to the market.D.Act as dealers in their own accounts and provide liquidity to the market.are usually borrowed from other brokers.B.s broker in street name.C.are typically shares held by the short seller39。24.Which of the following orders is most useful to short sellers who want to limit their potential losses?A.Discretionary orderC.Stopbuy orderLimit orderB.Limitloss orderD.Market orderLimitloss orderB.Limitbuy orderD.Market orderLimitsell orderB.Limitbuy orderD.Market orderLimitbuy orderB.Limitsell orderD.Market orderLimitbuy orderB.Limitsell orderD.Market orderis a way of placing issues in the primary market.B.increases transaction costs to the issuing firm.D.is a way of placing issues in the primary market and increases transaction costs to the issuing firm.1,000。500。100,000。10,000。5,000。32.A program trade isA.a trade of many shares of one stock for one other stock.C.a coordinated purchase or sale of an entire portfolio of stocks.E.33.When stocks are held in street nameA.s street address.B.s street address.C.the broker holds the stock in the brokerage firm39。the investor does not receive a stock certificate and the broker holds the stock in the brokerage firm39。34.NASDAQ subscriber levelsA.permit those with a level 2 subscription to receive all bid and ask quotes, but not to enter their own quotes.C.include all OTC stocks.E. permit those with a level 2 subscription to receive all bid and ask quotes, but not to enter their own quotes。35.You want to buy 100 shares of Hotstock Inc. at the best possible price as quickly as possible. You would most likely place aA.stopbuy order.C.limitsell order.E.36.You want to purchase XON stock at $60 from your broker using as little of your own money as possible. If initial margin is 50% and you have $3,000 to invest, how many shares can you buy?A.200 sharesC.500 sharesE.37.A sale by IBM of new stock to the public would be a(n)A.seasoned equity offering.C.secondary market transaction.E.38.The finalized registration statement for new securities approved by the SEC is calledA.the preliminary statement.C.a bestefforts agreement.E.39.One oute from the SEC investigation of the Flash Crash of 2010 wasA.higher margin requirements.C.establishment of electronic munications networks (ECNs).E.40.All of the following are considered new trading strategies exceptA.algorithmic trading.C.short selling.$4,500.B.zero.D.Cannot tell from the information givens price drops to $25 per share. What is your actual margin?A.40%C.60%E.43.When a firm markets new securities, a preliminary registration statement must be filed withA.the Securities and Exchange Commission.C.all other panies in the same line of business.E.44.In a typical underwriting arrangement the investment banking firmI) sells shares to the public via an underwriting syndicate.II) purchases the securities from the issuing pany.III) assumes the full risk that the shares may not be sold at the offering price.IV) agrees to help the firm sell the issue to the public, but does not actually purchase the securities.A.I, III, and IVC.II and IIIE.45.Which of the following is true regarding private placements of primary security offerings?A.For very large issues, they are better suited than public offerings.C.The shares are sold directly to a small group of institutional or wealthy investors.E.46.A specialist on the AMEX Stock Exc