Correct Answer the market in which a security is sold from one investor to

Correct answer the market in which a security is sold

This preview shows page 6 - 8 out of 8 pages.

Correct Answer: the market in which a security is sold from one investor to another. Question 24 Maturity is Selected Answer: the length of time until borrowed funds are repaid. Correct Answer: the length of time until borrowed funds are repaid. Question 25 A financial intermediary is a company that Selected Answer: transfers funds from savers to borrowers by receiving funds from savers and investing in securities issued by borrowers. Correct Answer: transfers funds from savers to borrowers by receiving funds from savers and investing in securities issued by borrowers. 1 out of 1 points 1 out of 1 points 1 out of 1 points 1 out of 1 points
Image of page 6
11/7/15, 8:47 PM Review Test Submission: Quiz 1 Page 7 of 8 Question 26 In the Asian crisis, which began in 1997, Selected Answer: savings-and-loan institutions in Asia began to fail in large numbers. Correct Answer: investors began to pull their financial investments out of Asia with urgency. Question 27 When a household borrows to buy a home, the resulting security is known as Selected Answer: mortgage debt. Correct Answer: mortgage debt. Question 28 In the financial system, savers transfer funds to borrowers in exchange for Selected Answer: financial securities. Correct Answer: financial securities. Question 29 The market in which a security is sold from one investor to another is known as Selected Answer: the secondary market. Correct Answer: the secondary market. Question 30 Direct finance occurs when Selected Answer: savers buy securities directly from borrowers. Correct Answer: savers buy securities directly from borrowers. 0 out of 1 points 1 out of 1 points 1 out of 1 points 1 out of 1 points 1 out of 1 points
Image of page 7
11/7/15, 8:47 PM Review Test Submission: Quiz 1 Page 8 of 8 Saturday, November 7, 2015 8:47:01 PM EST OK
Image of page 8

You've reached the end of your free preview.

Want to read all 8 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture