Which One of the Following Statements Is Correct

question 43

Multiple Choice

Which one of the following statements is correct?

• A)All of the major stock exchanges are U.S.based.
• B)The NYSE was created by the National Association of Securities Dealers in the early 1930s.
• C)The Chicago Stock Exchange is a dealer market.
• D)OTC markets have a physical trading floor generally located in either New York City or Chicago.
• E)The primary purpose of the NYSE is to match buyers with sellers.

Comprehend the impact of exchange rates on profits and how businesses can hedge against this risk.

Recognize the benefits swaps provide in managing financial risks and restructuring balance sheets.

Calculate the financial outcome of engaging in futures contracts based on index movements.

Understand the principles of arbitrage in the context of futures pricing and interest rate parity.

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Definitions:

Circular Reference

A situation in spreadsheet or programming where a formula or function refers back to its own cell or a chain of references, potentially causing errors or endless loops.

Direct

Pertains to operations or actions that occur without intermediary steps, often used in the context of direct communication or direct memory access.

Arithmetic Operators

Symbols or functions used in mathematics and programming languages to perform common arithmetic operations like addition, subtraction, multiplication, and division.

AutoCorrect Options

Features in software that automatically correct spelling, grammar, and formatting errors as the user types.