Question

When you buy 300 shares of a company, you have purchased:

A) An odd lot
B) A round lot
C) A combined lot
D) An even lot
E) A prime lot

Answer 1

When you buy 300 shares of a company, you have purchased a round lot.

Step-by-step explanation:

When you buy 300 shares of a company, you have purchased a round lot.

In the stock market, a round lot refers to a standard trading unit, usually consisting of 100 shares. It is the most common way individuals buy and sell stocks. An odd lot, on the other hand, refers to a trading unit that is less than a standard round lot, such as buying or selling 50 shares.

Therefore, the correct answer is A) A round lot.