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Which of the following best describe the functions of financial markets? A. determine the prices of traded assets; guarantee positive returns to investors; reduce the

Which of the following best describe the functions of financial markets?

  • A. determine the prices of traded assets; guarantee positive returns to investors; reduce the search and information costs of exchanging assets
  • B. guarantee positive returns to investors; provide a forum for participants to buy and sell financial assets; reduce the search and information costs of exchanging assets
  • C. determine the prices of traded assets; provide a forum for participants to buy and sell financial assets; reduce the search and information costs of exchanging assets
  • D. determine the prices of traded assets; provide a forum for participants to buy and sell financial assets; guarantee positive returns to investors

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