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Author Archives: Anonymous

A bond that has no specific collateral other than the genera…

A bond that has no specific collateral other than the general creditworthiness of the issuing  firm is called a ______

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Assume that U.S. dollar is currently appreciating against Ja…

Assume that U.S. dollar is currently appreciating against Japanese yen. If the U.S. central bank (the Fed) wants to stop the dollar’s rise relative to yen, it would buy  (hint: market demand and supply analysis)

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Firms would call a bond when interest rate in the economy __…

Firms would call a bond when interest rate in the economy _______

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The difference between a securities broker and a securities…

The difference between a securities broker and a securities dealer is that

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Yesterday (4/8/22), the closing value of the DJIA was 34,721…

Yesterday (4/8/22), the closing value of the DJIA was 34,721.12. This means that

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When an investment banker purchases an offering from a bond…

When an investment banker purchases an offering from a bond issuer and then re-sells it to the public this is known as a  

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Which of the following indices better describes activities o…

Which of the following indices better describes activities on the New York Stock Exchange (NYSE) on given day?

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The pre-emptive right of common stockholders refers to the r…

The pre-emptive right of common stockholders refers to the right to

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If the spot exchange rate between U.S. $ and Euro was 1 Euro…

If the spot exchange rate between U.S. $ and Euro was 1 Euro=$1.25 yesterday and the rate is 1 Euro = $1.20 today, Euro is said to have

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Inflation rate in the U.S. is higher than that in the U.K. a…

Inflation rate in the U.S. is higher than that in the U.K. and it may be cheaper to buy goods from the U.K. If more and more people in the U.S. want to buy British goods, what is likely to happen to the value of British pound against U.S. $?

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