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Which One of the Following Statements Concerning Dealers and Brokers

Question 43

Multiple Choice

Which one of the following statements concerning dealers and brokers in the financial markets is correct?


A) A broker never assumes ownership of the securities being traded.
B) A dealer pays the ask price when purchasing securities.
C) A broker earns income in the form of a bid-ask spread.
D) A dealer in market securities arranges sales between buyers and sellers for a fee.
E) A broker deals solely in the primary market.

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