Question
Asked Mar 6, 2020
1 views

Where would an illiquid security in a developing country most likely trade?
a. Broker markets.
b. Electronic crossing networks.
c. Electronic limit-order markets.

check_circle

Expert Answer

Step 1

Answer:

The correct option is Option (a)

Usually, an illiquid security is most likely to be exchanges in broker markets, where brokers will aid trade in illiquid...

Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.

Related Finance Q&A

Find answers to questions asked by student like you
Show more Q&A
add
question_answer

Q: Perferred Stock Rate of Return. What is the normal rate of return on a peretual perferred stock with...

A: Formula:

question_answer

Q: You are to pay €360,000 on May 16. Today’s spot rate is $1.10/€.  The forward rate is $1.12/€.  On M...

A: You have asked a question with multipe sub parts. I have addressed the first three sub parts. Please...

question_answer

Q: Twins Natalie and Kaitlyn are both age 28. They both live in Warren, Ohio. Beginning at age 28, Nata...

A: Natalie: Annuity = $1,000 Interest Rate (r) = 7% Time Period (t) = 10 years   The calculation of the...

question_answer

Q: A bond currently trades at $1,153.72.  It has a 12% annual coupon, paid semi-annually, and 15 years ...

A: The yield to maturity is the return expected by an investor invested in bond if kept till maturity. ...

question_answer

Q: Determine Break-even probability: p= 0.95, present value of $1,260 for revenues, present value of $1...

A: The expected profit must be equal to zero at break-even probability of collection. The firm can suff...

question_answer

Q: Karsted Air Services is now in the final year of a project. The equipment originally cost $21 millio...

A: (a) Equipment original cost = 21,000,000 (b) depreciation (100%) on Equipment cost = 21,000,000 (c) ...

question_answer

Q: What problems would confront a mutual fund trying to create an index fund tied to an equally weighte...

A: A mutual fund refers to an investment pool. The investors' money is invested into the pool, the mana...

question_answer

Q: You’ve just stumbled on a new dataset that enables you to compute historical rates of return on U.S....

A: When we expect the conveyance of returns to continue sensibly steady in the past (same urge, standar...

question_answer

Q: suppose a risk free rate is 6% and the market premium is 7%. D1 is 1.25 per share and stock beta is ...

A: Risk-free rate is 6%. The market risk premium is 7%. The stock beta is 1.15.