FIN 4303 (FIN 4303)

FINANCIAL MARKETS AND INSTITUTIONS PRACTICE QUESTIONS 1) Every financial market performs the following function: A) It determines the level of interest rates. B) It allows common stock to be traded. C) It allows loans to be made. D) It channels funds from lenders-savers to borrowers- spenders 2) Financial markets have the basic function of A) bringing together people with funds to lend and people who want to borrow funds. B) assuring that the swings in the business cycle are less pronounced. C) ...