Which of the following statements is true about dealer markets? NYSE is the best-known example of a dealer market. A dealer market involves time-consuming search for a fair deal. The advantage of a...

Which of the following statements is true about dealer markets?

NYSE is the best-known example of a dealer market.

A dealer market involves time-consuming search for a fair deal.

The advantage of a dealer over a brokered market is that brokers cannot guarantee that an order will be executed promptly, while dealers can, because they have an inventory of securities.

All of the above are true of dealer markets.

Jun 01, 2022

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Which of the following statements is true about dealer markets? NYSE is the best-known example of a dealer market. A dealer market involves time-consuming search for a fair deal. The advantage of a...

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