PART A Attempt ALL (10) questions in this part. Each question is worth 3 marks. For each question state True or False and briefly explain why. 1. 'Funding in full' proposed by Alexander Hamilton is a bad idea because it would benefit the mercantile, financial elite, and speculators. 2. Participants in financial markets often make buy and sell decisions in accordance with the assumptions of rationality and utility maximization. 3. Financial derivatives can worsen trouble that a corporation has run into for completely unrelated reasons. 4. Myopic loss aversion is manifested in the phenomenon by which investors hold on to losing stocks too long, while sell gaining stocks too quickly. 5. As the name suggests, stablecoins are usually traded around a pegged value, for instance, 1Tether = 1USD, thus creating a new channel for households to store their wealth. 6. Retail investors can actively trade in money markets and stock markets. 7. In repos, if the borrowing party fails to purchase back the securities used as collateral, the lending party would bear the loss of the loaned amount. 8. During the Covid19 pandemic, SPAC IPOs emerged and became a preferred approach for companies to go public because it is cost-saving and less-time consuming compared to traditional IPOs. 9. According to James Carville, bond markets can intimidate everybody. 10. One of the potential benefits of Central Bank Digital Currencies (CBDCs) is to reduce illegal activity