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1. Which of the following is not the property of the money market securities?
a. maturity less than 1 year
b. may be the sold on a discount basic
c. higher risk than long-term corporate bonds.
d. low rate of returns.
2. Seasoned equity offering (Seo) occur in which of the following markets?
a. primary
b. secondary
c. over the counter
d. third
3. you place a marker order to sell 500 sharees of stocks at $14 of share. you can expect which of the following?
I. his order will execute for sure but the time of execution is unkonwns
II. his order may never execute
III. he will receive exactly 7000 if his order executes
IV. he could receive more, but not less than 14 a share
a. I AND III
b. I and IV only
c. II and III
d. I only
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