Assume that the stock market is melting down and you want to sell your stocks immediately, which of the following order you will make:
A. Price contingent order
B. Limit order
C. Market order
D. Stop order
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New York Stock Exchange belongs to which types of financial markets?
A. Direct search market
Brokered market
C. Dealer market
D. Auction market
Which of the following items is not the characteristics of preferred stocks?
A. Limited liability
B. Residual claims
C. Fixed dividend
D. Limited right of voting
Which of the following items does not belong to industry structure?
A. Bargaining power of buyers or suppliers
B. Treat of entry
C. Rivalry between existing competitors
D. Pressure of growth
Bonds have which of the following characteristics:
A. Bond price is higher, yield is higher
B. Price of short-term bond is more sensitive to interest changes
C. Interest rate risk is less for bonds with shorter maturity
D. Interest rate risk positively related to coupon rate