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Which of the following statements is incorrect? All the answers are correct except one. Marketable securities trade in impersonal markets meaning that the buyer (seller)

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Which of the following statements is incorrect? All the answers are correct except one. Marketable securities trade in impersonal markets meaning that the buyer (seller) does not know who the seller (buyer) is. Mortgage-Backed Securities (MBSs) are simply shares of home loans (mortgages) sold to investors in various security forms. With the American Depository Receipts (ADRs), original foreign company shares are held on deposit in a bank in the issuing company's home country, and these tradable receipts (ADRs) are issued by U.S. banks called depositories has physical possession of the foreign securities indirectly through its foreign correspondent bank or custodian. Options and futures contracts are unimportant to investors because they cannot help investors to manage portfolio risk. Interest on bonds is typically paid: semi-annually. none of the answers is correct. C O O 3 5 quarterly. annually. monthly. Treasury bills are traded in the: none of the answers is correct. capital market. government market. 0 0 0 0 money market. regulated market

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