It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market
<h3>Who are financial intermediaries?</h3>
This refers to those entities that acts as the middleman between two parties in a financial transaction such as a commercial bank, investment bank, mutual fund, or pension fund. They offer a number of benefits to the average consumer such as safety, liquidity, and economies of scale involved in banking and asset management.
However, It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market because only the buyers and seller influence an efficiency of the financial market.
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Answer: e. 8.61%
Explanation:
This is a perpetual bond so the price is calculable by;
Price = Coupon / Yield to Maturity
Coupon = 7.75% * 1,000
= $77.50
900 = 77.50/ YTM
900 * YTM = 77.50
YTM = 77.50/900
= 8.61%
Answer:A. Activities C. Opinions
Explanation:One of the ways of generating data from the market is to seek the opinion and try to know the activities of customers concerning brands,product categories and user and non-user characteristics.
Inventory of opinions is the collection of opinions from the general public or from already available data. It helps to know the needs of the Customer and how to meet them.
Inventory of activities is the evaluations of the activities of the general public concerning your product or market segment,the activities can include their attitudes etc.
Answer: The professors have failed to engage Mia.
Explanation: Since Mia is an administrative officer, assigned with the role of serving the needs of the division's professor, her having plenty of ’free time’ simply tells the professors do not engage her well enough in her primary duty as an administrative officer to keep her busy.
C. opportunity cost is the benefit not received as a result of not selecting the best option
