Assignment
1. Identify the primary market functions of investment bankers
2. Identify the costs associated with going public
3. Explain market stabilization
4. Briefly describe how investment banking is regulated
5. What is a short sale?
6. Describe buying on a margin
7. What are some of the characteristics of an organized securities exchange?
8. What is program trading
9. Describe the types of members of the NY stock exchange
10. Why is there a difference between bid and ask price at some; point in time for a specific security?