(TRUE or FALSE?) In primary markets, dealers make markets for securities and do not bear any risk, and they make a market for a security by buying and selling from an inventory of securities they do not own. True False
(TRUE or FALSE?) In primary markets, dealers make markets for securities and do not bear any risk, and they make a market for a security by buying and selling from an inventory of securities they do not own. True False
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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