An agent who arranges a transaction between a buyer and a seller of equity securities is called a broker.
A broker is a person or business that stands between a potential investor and a securities exchange. Individual traders and investors require the services of exchange members since securities exchanges only accept orders from people or companies who are members of that exchange.
Brokers offer that service and are paid in a variety of methods, including commissions, fees, or payments from the exchange itself. Investment advisers register with the SEC as registered investment advisors, while brokers register with the Financial Industry Regulatory Authority (FINRA) (RIAs).
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Answer:
$63
Explanation:
The computation of the expected common stock market price per share for the next year is shown below:
Price earning ratio = Share price ÷ earning per share
where
Price earning ratio is 7
Earning per share is
= (Net income - preference dividend) ÷ number of common shares outstanding
= {($45 million - $5 million) × (1 - 0.30) - $10 million)} ÷ 2 million shares
= $9
Now placing these values to the above formula
So, the expected common stock market price is
= 7 × $9
= $63
Answer:
D. market space
Explanation:
In the market space is a virtual market place where the physical boundaries are not applied. It is the integration of the various areas that are relevant for considering a market in terms of technology that operated in an electronically manner
Therefore in the given case, the option D is correct as it fits to the given scenario
Hence, the same is to be considered
Answer: Option B
Explanation: In simple words, convenience goods refers to the commodities that are widely available in the market and can be purchased frequently with minimal efforts. Newspapers and candy bars are some of the many examples of convenience goods.
These goods are consumed or loose their values after one or few uses.
Answer:
It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. If a currency dealer who makes a market in 5 currencies against the dollar. If he were to supply quotes for each currency in terms of all of the others, he would have to provide 30 different quotes. There are 6 total currencies including U.S. dollar, therefore, he would be providing 5 different quotes for one single currency, therefore, to provide quotes for 6 currencies, he would have to provide 30 different quotes as six multiplied by 5 comes 30.