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The New York Stock Exchange Conducts _____ Auctions of Stocks

Question 40

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) open-outcry double
C) descending-price
D) ascending-price

Correct Answer:

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