Direct search markets are characterized by
a. complete price information.
b. extensive broker and dealer participation
c. private placement transactions and sale of common stock of small private companies.
d. a high level of efficiency.
Answer: C
Direct search markets are characterized by
a. complete price information.
b. extensive broker and dealer participation
c. private placement transactions and sale of common stock of small private companies.
d. a high level of efficiency.
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