Among the Results of Convergence Will Be

question 127

Multiple Choice

Among the results of convergence will be

• A) more integrated financial markets and cost savings related to harmonization.
• B) increases in the cost of listing for U.S. companies abroad.
• C) increased competition to list in U.S. stock markets.
• D) increased ambiguity about which standards are operating.

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Definitions:

Yield

The income return on an investment, such as the interest or dividends received, expressed as an annual percentage of the investment's cost.

Annual Coupon Bonds

Bonds that pay interest to the holder on an annual basis, where the interest rate is specified as a percentage of the bond's face value.

Interest Rates

Interest rates represent the cost of borrowing money, expressed as a percentage of the loan amount, paid by the borrower to the lender for the use of funds.