For reporting purposes, an order to sell 25 shares of an OTC equity security priced at $230 per share is:
A) 1 odd lot.
B) 25 odd lots.
C) 25 round lots.
D) 1 round lot.
Answer: C) 25 round lots.
Investments MCQ
Equity Securities
For reporting purposes, an order to sell 25 shares of an OTC equity security priced at $230 per share is: