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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