security borrowing agreement takes place at T+1 followed by a sell order/match of the security at T+4. Which of the following statements is CORRECT? The borrower becomes the official owner of the security at _____________ and at the time of the sale order, the sale is a __________________. A. T+2; naked short sale B. T+3 ; covered short sale C. T+1; covered short sale D. T+ 3; ordinary sale E. T+6; ordinary sale Which of the following items is NOT part of Tier1 capital? A. Capital reserve B. Accumulated past retained profits C. Ordinary shares issue
security borrowing agreement takes place at T+1 followed by a sell order/match of the security at T+4. Which of the following statements is CORRECT? The borrower becomes the official owner of the security at _____________ and at the time of the sale order, the sale is a __________________. A. T+2; naked short sale B. T+3 ; covered short sale C. T+1; covered short sale D. T+ 3; ordinary sale E. T+6; ordinary sale Which of the following items is NOT part of Tier1 capital? A. Capital reserve B. Accumulated past retained profits C. Ordinary shares issue
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
A security borrowing agreement takes place at T+1 followed by a sell order/match of the security at T+4.
Which of the following statements is CORRECT?
The borrower becomes the official owner of the security at _____________ and at the time of the sale order, the sale is a __________________.
| A. |
T+2; naked short sale |
|
| B. |
T+3 ; covered short sale |
|
| C. |
T+1; covered short sale |
|
| D. |
T+ 3; ordinary sale |
|
| E. |
T+6; ordinary sale |
Which of the following items is NOT part of Tier1 capital?
| A. |
Capital reserve |
|
| B. |
Accumulated past retained profits |
|
| C. |
Ordinary shares issued |
|
| D. |
Cumulative |
|
| E. |
Non cumulative preference shares |
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