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The New York Stock Exchange Conducts ____ Auctions of Stocks

Question 76

Multiple Choice

The New York Stock Exchange conducts ____ auctions of stocks and bonds in which the auctioneer, called a specialist, manages the market for a particular stock or bond issue.


A) sealed-bid double
B) first-price sealed
C) open-cry double
D) second-price sealed-bid

Correct Answer:

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