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      Question

      An organization such as a bank or insurance company

      that buys and sells large quantities of securities is called?
      A Major Investor Correct Answer Incorrect Answer
      B Minor Investor Correct Answer Incorrect Answer
      C Institutional Investor Correct Answer Incorrect Answer
      D Giant Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      An institutional investor is a nonbank person or organization that trades securities in large enough share quantities or dollar amounts that it qualifies for preferential treatment and lower commissions.

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