Choose the best answer from the given alternatives 1. Direct financing is a situation where: A)

Choose the best answer from the given alternatives 1. Direct financing is a situation where: A) Deficit units raise funds from surplus units. B) Surplus units raise funds from deficit units. C) Deficit units raise funds from financial intermediaries. D) Financial intermediaries obtain funds from surplus units. E) None of these. 2. In the Australian financial system, financing is provided by: A) Derivative and securities markets. B) Securities markets and financial intermediaries. C) Governments and financial intermediaries. D) Derivative markets and financial intermediaries. E) Derivative markets, securities markets and financial intermediaries. 3. The credit ratings provided by ratings agencies: A) Play a role in overcoming information asymmetry in the financial markets. B) Are an informed opinion on the credit standing of a debt issue. C) Are paid for by the security’s issuer. D) Were found to be unreliable (in relation to mortgage-related securities) during the GFC. E) All of these. 4. Brokers: A) Earn a spread by buying securities at a low price and selling them at a higher price. B) Operate in over-the-counter markets.C) Charge a commission on the trades they perform. D) Can be described as “market makers”. E) All of these. 5. Active secondary markets do NOT: A) Provide investors with liquidity. B) Raise funds for the issuers of securities. C) Perform price discovery. D) Perform maturity transformation. E) Assist the operation of primary markets. 6. IPOs have a number of disadvantages. These do NOT include: A) The expense of conducting the IPO. B) The dilution of ownership for continuing owners. C) A greater capacity to remunerate management and employees. D) The risk of incurring agency costs associated with the separation of ownership and control. E) A short-term bias to management decision making. 7. Which of the following is NOT an explanation advanced for the phenomenon of underpricing of an IPO? A) Providing the initial buyers with a capital gain in an effort to create goodwill. B) The desire of the seller in the primary market to achieve a successful float. C) The wish to raise smaller amounts of capital.D) Compensation for the risk accepted by buyers in IPOs, given that underpricing is not guaranteed. E) The superior negotiating power of the investment bank over the seller. 8. A listed company: A) Can generally raise as much new equity as it wishes through a private placement. B) Can expect its share price to rise if it conducts a rights issue. C) Will successfully conduct a rights issue if the subscription price is set above the current share price. D) Can rapidly increase its equity capital through dividend reinvestment schemes. E) None of these are correct. 9. The functions of the share market do NOT include: A) Performing price discovery by revealing the value of shares. B) Endowing listed securities with liquidity. C) Setting the price for IPOs. D) Disciplining the behaviour of a company’s top management. E) Developing a pool of investors. 10. If you put $310 in a savings account at the end of each year for 10 years, how much money will be in the account at the end of the 10th year? Assume that the account earns 5.5% per annum and round to the nearest dollar. A) $3,991 B) $3,100 C) $2,336 D) $529 E) None of the above

Place Your Order

Contact Us

Frequently asked questions
Is your service confidential?

When you place an order with our company, we ask you to provide us with such personal information as your name, phone number, and email address. We need this data to keep you updated on the important things related to your order or account.

Is there a possibility of plagiarism in my completed order?

We complete each paper from scratch and in order to make you feel safe regarding its authenticity, we check it for plagiarism before its delivery. To do that, we use our in-house software, which can find not only copy-pasted fragments but even paraphrased pieces of text. Unlike popular plagiarism detection systems that are used by most universities (e.g. Turnitin.com), we do not report to any public databases—therefore, such checking is safe.

We provide a plagiarism-free guarantee that ensures your paper is always checked for its uniqueness.

Is there a money-back guarantee? If yes, how can I receive a refund?

You can certainly get your money back in several cases. You can receive a full refund if you have paid for your order twice or if you have placed two identical orders. In case your paper was late or the quality of the paper does not correspond to your expectations, you will get compensation for these issues.

Do you keep a database of pre-written essays?

No, we do not have such a database. All papers you order from us are written from scratch. This means your paper is unique and has never been published before—neither will it be published after we deliver it to you.

 

When will my custom paper be done?

While placing an order with WritersHub, you can choose a period of time within which a paper should be delivered to you. The countdown until the specified deadline starts automatically from the moment we receive your payment in our system. For example, if you pay for your order at 6pm on Monday and choose a 3-day delivery option, you will receive your custom paper by 6pm on Thursday.

Remember that a writer needs a sufficient amount of time in order to conduct thorough research. Therefore, please choose the most suitable deadline when you place an order. Moreover, the later you need your paper to be delivered to you, the cheaper it will be. Thus, you will be able to save your money while your writer will have enough time to work on your order and ensure its quality.

Make sure you upload all the additional materials at the very beginning. If you fail to do that, the deadline for your order will be postponed as well.

I haven’t received my custom paper by the deadline. What should I do?

Let us know immediately about that. You can do it by writing a message on Facebook or email us. Our support manager will carefully examine your order and will assist you with it right away. The reasons for late delivery may vary from time to time. It can happen that you have entered a wrong email address or your spam filter does not allow you to receive emails from us. It is also possible that the writer is waiting for your reply and can not continue working without your assistance, or we are checking the work for plagiarism. Whatever the case may be, contact us if you have any problems with getting your order on time.