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NEW QUESTION: 1
A dealer buys 100 shares of XYZ common, which is an actively traded stock, at 23.50. Three days later,
when XYZ common is quoted at 19.50 - 19.75, he sells the 100 shares to a customer. The basis for the
dealer's markup is:
A. 5% above cost
B. 23 1/2
C. 19 7/8
D. 10 5/8
Answer: C
Explanation:
19 7/8. The markup is always based on the current market price, not upon cost. Therefore,
the markup is based on the offering side of the current quotation.
NEW QUESTION: 2
A. USERS
B. GRANTED_ROLES
C. EFFECTIVE_PRIVILEGES
D. GRANTED_PRIVILEGES
Answer: C
NEW QUESTION: 3
Which of these statements about VoIP gateways is true?
A. A VoIP gateway consumes LAN/WAN bandwidth for every call: in-building, PSTN, intracompany, and long- distance.
B. All of the above.
C. Conferencing and collaborative consulting are available using VoIP gateways.
D. A VoIP gateway is used for intra-company phones.
Answer: A
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