Which One of the Following Is NOT a Function of Brokers

question 53

Multiple Choice

Which one of the following is NOT a function of brokers?

• A)Manage money for clients.
• B)Make the market work.
• C)Charge a fee for their services.
• D)Assist with the transaction process.

Differentiate between various psychology degrees and their focuses.

Understand the specialization of psychologists in improving human and machine interaction.

Know the interventions used by psychologists to improve learning and behavior.

Recognize the factors that contribute to forming aversions and preferences.

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Definitions:

Present Value

The immediate valuation of a prospective sum of money or sequences of cash payments, utilizing a certain return rate.

Rate of Return

A calculation that determines the percentage gain or loss on an investment relative to the investment's cost.

Years

Units of time measuring the duration of 365 days (or 366 days in a leap year), commonly used to quantify time.

Effective Annual Rate

The interest rate on an investment or loan that considers the effect of compounding over a one-year period.