42.
An investor who must pay an amount equal to a particular security's dividend to another investor is most likely using:
Select exactly 1 answers from the following: A. margin. B. a short sale. C. a limit order. D. a market order. 答案和详解如下! Feedback: Correct answer: B Investment Analysis and Portfolio Management, 7th edition, Frank K. Reilly and Keith C. Brown (South-Western, 2003), pp. 125?27 2006 Modular Level I, Vol. III, pp. 249-251 Study Session 12-52-d, e distinguish between call and continuous markets, compare and contrast the structural differences among national stock exchanges, regional stock exchanges, and the over-the-counter (OTC) markets, and compare and contrast major characteristics of exchange markets, including exchange membership, types of orders, and market makers; describe the process of selling a stock short and discuss an investor抯 likely motivation for selling short
A short seller borrows stock from another investor and must pay any dividends due on that stock to the lender; the corporation pays the dividend to the investor who purchased the stock from the short seller.
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