A floor broker on the nyse does which one of the, Financial Management

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A floor broker on the nyse does which one of the

1. A floor broker on the NYSE does which one of the following?

1. Executes orders on behalf of a commission broker.

2. Supervises the commission brokers of a specific financial firm.

3. Is charged with maintaining a liquid, orderly market.

4. Maintains an inventory and assumes the role of a market maker.

5. Trades for his or her personal inventory.

2. What is the value at the end of 3 years of a $10,000 investment today, in a bank certificate of deposit(CD) that pays a nominal annual interest rate of 8%, semiannually?

$13,652.19 $13,752.21 $12,562.21 $12,653.19

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