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pls need below multipe choises answer thank you no need to explain (1.54) 36. The functions of the share market do NOT include A performing

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(1.54) 36. The functions of the share market do NOT include A performing price discovery by revealing the value of shares B endowing listed securities with liquidity C setting the price for IPOs D disciplining the behaviour of a company's top management. E developing a pool of investors. 37.Identify the correct characteristics of high- frequency trading A The trades are for small parcels of shares minimise market price impact. B Profits from positions are held for very short periods. C It relies on complex computer programs or algorithms to make trading decisions. D It uses very fast computers located close to the exchange's servers and efficient algorithms that can analyse enormous amount of data. E All of these. (1.54) 36. The functions of the share market do NOT include A performing price discovery by revealing the value of shares B endowing listed securities with liquidity C setting the price for IPOs D disciplining the behaviour of a company's top management. E developing a pool of investors. 35. Which of the following is NOT an explanation advanced for the phenomenon of underpricing of an IPO A Providing the initial buyers with a capital gain in an effort to create goodwill. B The desire of the seller in the primary market to achieve a successful float. C The wish to raise smaller amounts of capital. D Compensation for the risk accepted by buyers in IPOs, given that underpricing is not guaranteed. E The superior negotiating power of the investment bank over the seller. 3. Which of the following can be described as a defensive' asset class A Australian equities B Overseas equities > C Property D Alternative investments E Debt securities

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