Choose the Word or Phrase in [ ] Which Will

question 35

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Fifty shares of stock would constitute [an odd lot | a round lot].

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Definitions:

¥ Per A$

The exchange rate showing how much Japanese yen (¥) one Australian dollar (A$) can buy.

Exchange Rate

An exchange rate determines how much one currency is worth in terms of another, playing a critical role in international trade and investment.

¥1.00

The monetary value of one Japanese yen, the official currency of Japan.

A$

The symbol for the Australian Dollar, the official currency of Australia.