Reference no: EM133058489

Hey please answer these multiple-choice questions. State the question number with the answer to avoid confusion. Thank you in advance!! (No need for step-by-step process, just the answer!)

1. Which of the following is not a way in which secondary markets support primary markets?

a. Underwriting new issues of securities.
b. Providing a price-discovery mechanism for primary markets when new issues are contemplated.
c. Providing liquidity for holders of issued securities.
d. Facilitating risk management.

2. Which of the following statements is NOT correct?

a. Members of a credit union can have access to the products offered by the credit union.
b. Members of a credit union pay a small joining fee.
c. Members of a credit union have the right to vote.
d. Members of a credit union are members of the credit union for life.

3. The know your client process is integral to:

a. risk profiling.
b. whether the client is classified as a retail or wholesale client.
c. the type of remuneration method to charge the client.
d. all of the options.

4. Superannuation guarantee contributions in Australia are levied on:

a. employees.
b. employers and the self-employed.
c. employers and employees.
d. employers.

5. You are considering purchasing a new motorhome that will cost you $54,500. The dealer offers you 3.9% APR financing for 60 months (with payments made at the end of the month). Assuming you finance the entire $54,500 and finance through the dealer, your monthly payments will be (round to the nearest dollar):

a. $414
b. $758
c. $1001
d. $950