1. If a new stock offering were overpriced but could be sold, then the:
A. Existing shareholders would benefit.
B. New investors would gain at the expense of the existing shareholders.
C. Fire could avoid the underwriting spread.
D. Firm could avoid the SEC filing.
2. Which of the following financially benefit due to High Frequency Trading?
A. Mutual funds
B. Foreign investors
C. The Federal Reserve
D. NYSE