Dealer markets are characterized by
a. no time-consuming search for a fair deal.
b. a guarantee of order fulfillment because the dealer holds an inventory of securities.
c. improved market efficiency because dealers provide continuous bid and ask prices for securities.
d. All of the above characterize dealer markets.
Answer: D
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.