单项选择题

Which of the following statements about selling shares of stock is FALSE

A. The "depth" of the market is typically defined as the number of traders willing to trade at prices above and below the current price.
B. If the initial margin requirement is 50% and the maintenance margin requirement is 25%, the investor who buys a stock at $26 on margin will receive a margin call when the stock hits $17.33.
C. Initial public offerings are sold in the secondary market.

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单项选择题Members of the exchange who act as brokers but do not work for a specific brokerage firm are referred to as:

A. commission brokers.
B. registered brokers.
C. floor brokers.

单项选择题Assume 100 shares purchased at $75 share with an initial margin of 50 percent. The initial cost to the investor is:

A. $0.
B. $3750.
C. $7500.