The organised exchanges are examples of: 1) auction markets. 2) continuous markets. 3) secondary markets. 4) 1 and 2. 5) 1,2 , and 3. The net wealth of the aggregate economy is equal to the sum of : 1) all financial assets. 2) all real assets. 3) all financial and real assets. 4) all physical assets. 5) none of the above. Which of the following is/are true about Treasury bills? (select the best answer) 1) T-bills are money market instruments. 2) Investors can observe intra-day secondary market prices of T-bill on ASX. 3) At the T-bill's maturity, the holder receives the face value of the bill. 4) Both 1 and 3 are correct. 5) All of the above. Question 13 (0.5 points) Sector rotation: 1) should always be carried out. 2) is never worthwhile. 3) is shifting the portfolio more heavily toward an industry or sector that is expected to perform well in the future. 4) can be implemented costlessly. 5) none of the given answers