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sveta [45]
3 years ago
11

If financial markets were ____, all information about any securities for sale in primary and secondary markets would be continuo

usly and freely available to investors. a. imperfect b. perfect c. inefficient d. efficient
Business
1 answer:
Finger [1]3 years ago
7 0

Answer:

The correct answer is option b.

Explanation:

Financial markets are those markets which trade in financial securities. These markets can be either perfect or imperfect.

Perfect capital has the following features:

  1. Low trading cost and free access to the market.  
  2. A large number is of traders such that no single trader can affect market price.  
  3. The information on borrowing and lending opportunities in the primary and secondary market is freely available.  

The market which do not possess these characteristics are considered imperfect.

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A corporation issued 5,000 shares of its no par common stock that was assigned a $1 stated value per share. The issue price was
Rus_ich [418]

Answer:

Debit Cash account $50,000

Credit Ordinary share $5,000

Credit Share Premium $45,000

Explanation:

When share issued are paid for at an amount above the par or ordinary value, the excess paid is known as share premium.

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Answer:

Explanation:

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yawa3891 [41]

Answer:

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