Which of the following is not true of over-the-counter markets?

A. Traders are willing to buy and sell stocks and bonds at posted prices.
B. Traders are linked by computer.
C. Dealers buy and sell only for their customers.
D. Trading does not take place in one physical location.


Answer: C

Economics

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Refer to the figure above. What is the total surplus after Lithasia opens up to free trade?

A) $15 B) $25 C) $27 D) $35

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The current yield is equal to

A) the coupon divided by the market price of the bond. B) the yield to maturity, if the bond is a coupon bond. C) the coupon divided by the par value of the bond. D) the market price of the bond divided by its par value.

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Which of the following is a method by which a firm can obtain financial resources to invest in capital?

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Economics