Exam 6: The Stock Market

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ABC Underwriters handled the IPO for your firm. The underwriting consisted of 1.5 million shares at an offer price of $13 a share. ABC did this on a best effort basis and charged a 7% underwriting fee. Your firm received a total of $11,751,480 as IPO proceeds. How many shares of the IPO offering were sold

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The financing provided for new ventures that are frequently high-risk investments is referred to as "venture ___________".

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___________ orders are often placed in conjunction with short sales in order to limit potential losses.

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Mukmiga Sports Entertainment is offering 700 shares in a Dutch auction IPO. Where the following bids have been received, what price will Bidder D pay per share? 100 200 200 300 600 \ 24 22 22 21 20

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You are buying 500 shares of stock from your uncle in the NASDAQ market. This transaction is taking place in the ___________ market.

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Habitant Ice Makers is a publicly-traded firm with 1,000,000 shares of stock outstanding. If the firm issues an additional 20,000 shares, those shares will be referred to as a(n):

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Suppose all stocks in a price-weighted index increase by the same percentage one day. The stock that would affect the index the most would be the:

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Mukmiga Sports Entertainment is offering 700 shares in a Dutch auction IPO. Where the following bids have been received, what price will Bidder B pay per share? 100 200 200 300 600 \ 24 22 22 21 20

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  -If Silver and Platinum are the only two stocks in the index, what is the geometric index return? -If Silver and Platinum are the only two stocks in the index, what is the geometric index return?

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Which of the following is a valid criticism of the method used to calculate the DJIA?

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Which of the following is not a consideration when establishing a market index?

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  -Suppose you place a market order to sell 100 shares of this stock? Ignoring commissions, how much will you receive for the sale? -Suppose you place a market order to sell 100 shares of this stock? Ignoring commissions, how much will you receive for the sale?

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The Canadian Venture Exchanged was formed by a merger between the ________ and the ________ exchanges.

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A best effect underwriting is an arrangement where an investment banker

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A company must have at least ___________ shareholders to be listed on the NYSE and ___________ for the TSX.

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You want to sell your 100 shares of RBC stock at the going market price after the stock reaches a price of $34 a share. You should place a ___________ order.

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Under the provisions of a general cash offer, shares of stock are offered to:

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Describe how a stop-limit sell order is executed.

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Which of the following transactions involving stock occurs in the primary market?

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IBM decides to issue new stock. The stock will be sold on the ___________ market.

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