Which of the Following Statements Is NOT True

question 86

Multiple Choice

Which of the following statements is NOT true?

• A)Odd lots consist of the purchase or sale of fewer than 100 shares of stock.
• B)The commission rates on odd lots are often less expensive on a per share basis than for round lots.
• C)Most trades on the NYSE are done via round lots.
• D)When stock prices begin to rise above the preferred trading range,the cost of a round lot may move out of the range of many small retail traders.

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Definitions:

SmartArt Shape

A graphical illustration tool within Microsoft Office products that allows users to create professional-looking diagrams and charts.

Move Down Button

A user interface element that allows the user to lower the position of a selected item in a list or structure.

Demote Button

A feature in software that allows users to lower the level or rank of an item within a hierarchical structure or outline.

Reset Graphic

The action of restoring a graphic element or design to its original state or configuration.