What is the main characteristic of money market transactions which enables it to have active secondary market?
Question:
What is the main characteristic of money market transactions which enables it to have active secondary market?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
The primary characteristic of money market transactions that enables an active secondary market is their high liquidity Money market instruments are k...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Financial Markets And Institutions
ISBN: 9781292215006
9th Global Edition
Authors: Stanley Eakins Frederic Mishkin
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Which of the following is not a characteristic of money market instruments? a. They pay a relatively high rate of return. b. They have a low level of default risk. c. They have a high level of...
-
Evaluate and simplify the following derivatives. d (4u + u du 8u+ 1/
-
Suppose that a mail-order catalog company selling environmentally friendly products identifies its performance as a socially responsible company as a critical number in its success. Suggest some ways...
-
Using the information from BE19-2, assume this is the only difference between Oxfords pretax financial income and taxable income. Prepare the journal entry to record the income tax expense, deferred...
-
Comparing the indirect costs of bankruptcy, explain why Apple includes very little debt in its capital structure while Marriott International uses a fairly large amount of debt. AppendixLO1
-
a. It is now January 1. You plan to make 5 deposits of $100 each, one every 6 months, with the first payment being made today. If the bank pays a nominal interest rate of 12 percent but uses...
-
Rand Medical manufactures lithotripters. Lithotripsy uses shock waves instead of surgery to eliminate kidney stones. Physicians Leasing purchased a lithotripter from Rand for $2.450,000 and leased it...
-
Calculate the annualized discount rate and annualized investment rate on the purchase of 91-day T-bill, if the face value is $3,000 and purchase price is $2,900.
-
Up-to-date interest rates are available from the Federal Reserve at http://www.federalreserve.gov/ releases. Locate the current rate on the following securities: a. Prime rate b. Federal funds c....
-
The table below shows a business plan to put items on sale. Shown are the original price and the sale price of a list of items. Calculate the percent change of all the items to the nearest percent...
-
Choose a real company of their choosing and will focus on ways to help increase the company's digital consumer engagements. For example, how can the company better drive increased revenue, sales,...
-
Four morally and ethically relevant principles have been examined regarding scarcity and include: Treating people with consistency through the use of a lottery or first-come first-served basis...
-
Critically evaluate the interplay between feedback skills, communication, listening, and assertiveness skills. How do these skills complement each other in the context of providing effective...
-
Generally, what was Starbucks intended strategy (first 2 minutes of video)? What is an emergent strategy mentioned in the video ( what changes made by Howard Schultz)? What were some (at least 2)...
-
1. first order of business is to create your city. What will you name your city? Name of City: 2. What are the main economic goals? Choose 2-3 goals . Why did choose these particular goals? What...
-
Coffman Company sold bonds with a face value of $1,000,000 for $940,000. The bonds have a coupon rate of 10 percent, mature in 10 years, and pay interest semiannually every June 30 and December 31....
-
Reconsider Prob. 1474. In order to drain the tank faster, a pump is installed near the tank exit as in Fig. P1475. Determine how much pump power input is necessary to establish an average water...
-
The following are the foreign currency positions of an FI, expressed in the foreign currency. The exchange rate of dollars per Sf is 0.9301, of dollars per British pound is 1.6400, and of dollars per...
-
Suppose that the current spot exchange rate of U.S. dollars for Australian dollars, S US$/A$, is 1.0277 (i. e., $ 1.0277 can be received for 1 Australian dollar). The price of Australian-produced...
-
Assume that annual interest rates are 8 percent in the United States and 4 percent in Switzerland. An FI can borrow (by issuing CDs) or lend (by purchasing CDs) at these rates. The spot rate is $...
-
View Policies Current Attempt in Progress Blossom Company owns equipment that cost $ 62, 100 when purchased on January 1, 2019. It has been depreciated using the straight- line method based on...
-
An income statement for Crandall's Bookstore for the first quarter of the current year is presented below: CRANDALL'S BOOKSTORE Income Statement for the First Quarter of the Current Year Sales...
-
At December 31, 2020, Atlanta Co. has a stock portfolio with a fair value of $40,000 and cost of $33,000. If the Securities Fair Value Adjustment (Available-for-Sale) account has a beginning debit...
Study smarter with the SolutionInn App