Statement 1: Financial securities are instruments that can be transferred or sold easily through established financial markets. Statement 2: Financial securities uses physical certificates that sellers (holders) need to seek the approval and signature of the issuer to be transferred to the buyer. Statement 3: Financial securities are tradeable through established market or over-the counter. Statement 4: Financial securities hold monetary value or face value that is equivalent to their selling price. Statement 5: Financial securities are fungible that can be converted into assets or cash. a. All statements are true b. Statements 1, 2 and 3 c.Statements 2, 3 and 4 are true are true d. Štatements 3, 4 and 5 e. Statements 1, 3 and 5 are true Statements 2.4 and 5 are true are true
Statement 1: Financial securities are instruments that can be transferred or sold easily through established financial markets. Statement 2: Financial securities uses physical certificates that sellers (holders) need to seek the approval and signature of the issuer to be transferred to the buyer. Statement 3: Financial securities are tradeable through established market or over-the counter. Statement 4: Financial securities hold monetary value or face value that is equivalent to their selling price. Statement 5: Financial securities are fungible that can be converted into assets or cash. a. All statements are true b. Statements 1, 2 and 3 c.Statements 2, 3 and 4 are true are true d. Štatements 3, 4 and 5 e. Statements 1, 3 and 5 are true Statements 2.4 and 5 are true are true
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:1. Statement 1: Financial securities are instruments that can be transferred or sold easily through
established financial markets.
Statement 2: Financial securities uses physical certificates that sellers (holders) need to seek the
approval and signature of the issuer to be transferred to the buyer.
Statement 3: Financial securities are tradeable through established market or over-the counter.
Statement 4: Financial securities hold monetary value or face value that is equivalent to their selling
price.
Statement 5: Financial securities are fungible that can be converted into assets or cash.
a. All statements are true
b.
Statements 1, 2 and 3
c. Statements 2, 3 and 4 are true
are true
d.
Statements 3, 4 and 5
e. Statements 1, 3 and 5 are true
f. Statements 2, 4 and 5 are true
are true
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