QUESTION 25 NASDAQ is considered an OTC market since it is not a. listed by the SEC b. organized C. computerized d. recognized by the SEC c. Eurobond Market d. European Bond Market QUESTION 27 According to our text, an efficient market is a market that establishes all of the following EXCEPT a. correct prices for the securities that firms buy or sell b. allocates funds to their most productive use C. separates investor and companies financially result of the intense competition among investors. d. Save and Submit to save and submit. Click Save All Answers to save all answers. QUESTION 29 Which of the following is true of preferred stock? a. It has features of bonds and a common stock. b. It has a claim on assets prior to creditors in the event of liquidation. c. Its dividends can be paid only after paying dividends to the common stockholders. d. It usually has a maturity of thirty years. QUESTION 30 10 anital markets are d. It usually has maturity of thirty years. QUESTION 30 The key securities traded in the capital markets are a. commercial papers and Treasury bills b. Treasury bills and certificates of deposit C. stocks and bonds d. bills of exchange and commercial paper QUESTION 31 Mact man honestamaadein QUESTION 31 Most money market transactions are made in a. common stock b. marketable securities C. commodities market d. preferred stock