Edmund would like to buy stock. What should he do? A) He should visit the stock market, open an account, and purchase stock B)He should go to his bank and fill out the necessary documents C) He should go online to www.NYSE.org and buy stock D) He should choose a broker, open an account, deposit money, and communicate with the broker what stock he wants to buy

Respuesta :

D) He should choose a broker, open an account, deposit money, and communicate with the broker what stock he wants to buy.

Answer:

D) He should choose a broker, open an account, deposit money, and communicate with the broker what stock he wants to buy

Explanation:

Stock brokers are licensed professional / agents that act as earns a commission by helping clients purchase or sell shares.

Share sales are  usually done through the stock exchange and brokers are the licensed agents in the stock market.

Share purchase can be done in the primary and secondary markets. The primary market is where shares are issued by the company while the secondary make is where shares are made available for sale by the current holders.

The right option is D) He should choose a broker, open an account, deposit money, and communicate with the broker what stock he wants to buy