Answer:
The correct option is <u>No, there are many stock markets around the world and they are independent of one another</u>.
Further Explanation:
Stocks: Stock is a type of investment that gives ownership share in a company. People buy stocks as they think investment will go up over time.
There are mainly two types of stocks in the market that include:
- Common Stock
- Preferred Stock
Common stock can vote to board of directors, mergers and affairs of corporation while preferred stock includes both common stocks as well as bonds. The value fall and rise with the company’s stock price.
In preferred stock, mostly they make a fixed amount. This is the reason most of the investors do not sell their preferred stocks.
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Answer details:
- Grade: Middle School
- Subject: Accounts
- Chapter: Finance
Keyword:
Buying and selling, stocks, centralized activities, new York stock exchange, principal nation, world, people, anywhere, market, stock market, coordinated exchanges, dependent, independent, investment, ownership, share, common stock, preferred stock
