► Mr. A has paid less price for his bond than Mr. B
► Mr. A and Mr. B is a holder of zero coupon bond
► Mr. A will receive payment at the end of the maturity period
Mr. Ghazanfar has assets which when converted to cash, yield more currency then he needs to pay his debt. Which of the following statement best suites Mr. Ghazanfar?
► Mr. Ghazanfar earns good income
► Mr. Ghazanfar is a wealthy person
► All of the given options
► Mr. Ghazanfar has a lot of money at point in time
The process of financial intermediation:
► Creates a net cost to an economy but is unavoidable
► Is used primarily in underdeveloped countries
► Is always used when a borrower needs to obtain funds
► Increases the economy's ability to produce
Which one of the following is NOT an example of Centralized exchange?
► New York Stock Exchange
► NASDAQ
► Large exchanges in London
► Large exchanges in Tokyo
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