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A __________ Occurs When Actual Performance Is Less Than Desired

question 197

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A __________ occurs when actual performance is less than desired performance.


Definitions:

Primary Market

The market where new securities are issued and sold for the first time, directly from the issuer to investors.

Dealer

An individual or firm in the business of buying and selling securities for their own account, through a broker or otherwise.

Individual Investor

A private investor who buys and sells securities for their personal account, not on behalf of an organization.

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