Question
Which of the following statements about financial securities and markets are correct? (a) The prices of financial instruments are determined on the financial market where
Which of the following statements about financial securities and markets are correct? (a) The prices of financial instruments are determined on the financial market where lenders and borrowers meet in order to trade financial instruments. (b) The Johannesburg Stock Exchange (JSE) is a platform on which commodities such as maize and wheat are traded. (c) Shares and bonds are money market instruments that are issued for less than a year. (d) Shareholders have ownership in companies that issue shares, and share in the companies' profits by receiving dividends. [1] only a [2] b c [3] a b c and d [4] a d
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