An Odd-Lot Trade Involves a Trade

question 28

Multiple Choice

An odd-lot trade involves a trade

• A) of only 100 shares.
• B) that is generally priced at a discount to the market price.
• C) of 100,000 shares or more.
• D) consisting of any number of shares that is not a multiple of 100.

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Definitions:

Stanford-Binet

A standardized test that measures intelligence and cognitive abilities in children and adults, developed initially by Alfred Binet and later refined at Stanford University.

WISC-III

The Wechsler Intelligence Scale for Children-Third Edition, a tool used to assess the intelligence of children ages 6 through 16.

Valid Test

An assessment instrument that accurately measures what it is intended to measure, demonstrating both reliability and validity.

Correlation Coefficient

A number that represents the strength and direction of a relationship existing between two variables; number derived from the formula for measuring a correlation.