The Model Code Strongly Recommends That Intra-Day Oral Deal Checks

question 8

Multiple Choice

The Model Code strongly recommends that intra-day oral deal checks should:

• A) Be conducted out at the end of the morning and aft
• B) Be only be conducted after the close of business.
• C) Be mutually agreed between the bank and the broker
• D) Be the responsibility of the broker.

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Definitions:

Paid-in Capital

The amount of money shareholders have invested in a company in exchange for equity, excluding any earnings retained by the company.

Market Value

The ongoing rate at which a commodity or service is offered for buying or selling in the market.

Dividend Yield

Dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Cash Dividends

Payments made by a corporation to its shareholders in the form of cash out of its earnings.