Which of the following is true of a securities exchange?
A) It serves as an intermediary by channeling the savings of individuals, businesses, and governments into loans or investments.
B) It borrows funds directly from the financial institutions.
C) It is an association of banks who meet to buy and sell stocks and bonds.
D) It provides a marketplace in which firms can raise funds through the sale of new securities and purchasers can resell securities.
D
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The nearer a bond's price is to its par value and the longer the maturity of the bond, the more closely the ________ approximates the ________
A) current yield; yield to maturity B) current yield; coupon rate C) yield to maturity; current yield D) yield to maturity; coupon rate
How can the portfolio approach to IT management improve IT operations?
What will be an ideal response?