Common stock carries voting rights, while preferred stock typically does not.
Preferred stock is the most popular form of stock.
Like common stock, all preferred stock is perpetual.
Convertible preferred stock is typically noncallable.
7. An investor is aiming to buy 400,000 shares of the stock shown on the order book below. All orders shown remain in place before execution.
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8. A broker is informed by its customer to buy 10,000 shares in a particular stock immediately at the best available price. Which of the following types of order is this?
