- Which of the following is the basis for fixing the price of securities in the financial market? a. Government b. The issuer of the Instruments c. Demand and Supply in the Market d. Seller of the Financial Instrument

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter10: Auditing Cash, Marketable Securities, And Complex Financial Instruments
Section: Chapter Questions
Problem 35CYBK
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Which of the following is the basis for fixing the price of securities in the financial market?
a.
Government
b.
The issuer of the Instruments
c.
Demand and Supply in the Market
d.
Seller of the Financial Instrument
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