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Mr. Gregory White
Mr. Gregory White, Professor
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3. Which of the following statements is CORRECT? a. If

Resolved Question:

3. Which of the following statements is CORRECT?

a. If General Electric were to issue new stock this year it would be considered a secondary market transaction since the company already has stock outstanding.

b. Capital market transactions only include preferred stock and common stock transactions.

c. The distinguishing feature between spot markets versus futures markets transactions is the maturity of the investments. That is, spot market transactions involve securities that have maturities of less than one year, whereas futures markets transactions involve securities with maturities greater than one year.

d. Both Nasdaq "dealers" and NYSE “specialists” hold inventories of stocks.

e. An electronic communications network (ECN) is a physical location exchange.

4. Which of the following statements is CORRECT?

a. A good goal for a firm’s management is maximization of expected EPS.

b. Most business in the U.S. is conducted by corporations, and corporations’ popularity results primarily from their favorable tax treatment.

c. Because most stock ownership is concentrated in the hands of a relatively small segment of society,
Submitted: 5 years ago.
Category: Homework
Expert:  Mr. Gregory White replied 5 years ago.
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