Which of the Following Securities Cannot Be Traded on the ASX

question 1

Multiple Choice

Which of the following securities cannot be traded on the ASX?

• A)Fixed income securities such as corporate and government bonds
• B)Equity securities such as shares
• C)Mutual securities such as Exchange Traded Funds (EFTs)
• D)Derivative securities such as warrants and futures
• E)All of the above can be traded on the ASX.

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Definitions:

Discount on Bonds Payable

The gap between a bond's nominal value and its market price when the bond is traded at a price below its nominal value.

Carrying Value

The book value of an asset or liability, reflecting its original cost adjusted for factors such as depreciation or amortization.

Carrying Value

The net amount at which an asset or liability is reported in the financial statements, factoring in depreciation, amortization, and impairment charges.

Unamortized Discount

The portion of a bond's issue price that is below its face value and has not yet been expensed as interest over the life of the bond.