8ce69951 - Chapter 8 1. a) b) A measure of liquidity for a...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 8 1. A measure of “liquidity” for a stock market is a) the turnover ratio b) the ratio of stock market transactions over a period of time divided by the size, or market capitalization, of the stock market c) the LIBOR rate d) a and b Answer: d 2. A firm may cross-list its share to: a) establish a broader investor base for its stock b) establish name recognition in foreign capital markets, thus paving the way for the firm to source new equity and debt capital from investors in different markets c) expose the firm’s name to a broader investor and consumer groups d) All of the above Answer: d 3. American Depository Receipt (ADRs) represent foreign stocks: a) denominated in U.S. dollars that trade on European stock exchanges b) denominated in U.S. dollars that trade on a U.S. stock exchange c) denominated in a foreign currency that trade on a U.S. stock exchange d) non-registered (bearer) securities Answer: b 4. Factors affecting international equity returns are: a) macroeconomic variables that influence the overall economy
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/08/2011 for the course BUSINESS IFM800 taught by Professor Jack during the Spring '11 term at Michigan Flint.

Page1 / 2

8ce69951 - Chapter 8 1. a) b) A measure of liquidity for a...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online