Which of the following explains why most external finance
Which of the following explains why most external finance is channeled through intermediaries.
a. Transaction Costs
b. Asymmetric Information
c. Free-rider problem
d. both a & b & c are correct
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the statement that stock prices follow a random walk implies thata successive price changes are independent of each
financial intermediaries exist because small investors cannot efficiently a diversify their portfoliosb gather all
which of the following is a statement of weak form efficiencya if markets are efficient in the weak form then it is
with celebrity bonds celebrities raise money by issuing bonds to investors the royalties from the sales of music are
which of the following explains why most external finance is channeled through intermediariesa transaction costsb
sunburn sunscreen has a zero coupon bond issue outstanding with a 12000 face value that matures in one year the current
which of the following statements is true if the efficient market hypothesis holds choose one answera it implies
shareholder wealth in a firm is represented bya the number of people employed in the firmb the book value of the firms
1 what is the over the counter marketsa stock exchangesb a decentralized market not listed in an exchangec feds foreign
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