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JAMB Commerce 2004 Question 24

Question 24

Stock Exchange

The shares of a company listed on the stock exchange for sale are referred to as

  1. A.registered shares
  2. B.deferred shares
  3. C.issued shares
  4. D.quoted shares
Show the answer and explanation

Answer: D (quoted shares)

Explanation

Shares listed on the stock exchange have their prices quoted there, so they are called quoted shares.