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Chapter Overview
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AFTER STUDYING THIS CHAPTER YOU SHOULD BE ABLE TO:

  • Describe the role of investment bankers in primary issues.
  • Identify the various security markets.
  • Compare trading practices in stock exchanges with those in dealer markets.
  • Describe the role of brokers.
  • Compare the mechanics and investment implications of buying on margin and short selling.





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Essentials of Investments, 7eOnline Learning Center

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