7. The Securities Act of 1933 a. required complete disclosure of relevant financial information for publicly offered securities in the primary market. b. declared trading strategies to manipulate the prices of public secondary securities illegal. c. imposed heavy penalties for insider trading. d. required complete disclosure of relevant financial information for securities traded in the secondary market. e. All of these are correct if interest rates are lower. This quantity of loanable funds when interest rates are lower. 8. The required return to implement a given business project will be implies that businesses will demand a a. greater; lower b. lower; greater c. lower; lower d. greater; greater 9. If economic conditions become less favorable, then a. expected cash flows on various projects will increase. b. more proposed projects will have expected returns greater than the hurdle rate. c. there would be additional acceptable business projects. d. There would be a decreased demand by business for loanable funds