The OTC Market

question 12

Multiple Choice

The OTC market

• A)does not accept credit-the dealers "only take cash."
• B)is a dealer market.
• C)includes the NASDAQ in the U.S.
• D)is a dealer market and includes the NASDAQ in the U.S.

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Definitions:

Annual Rate

Annual rate typically refers to the interest rate for a loan or investment calculated on an annual basis, providing a basis for comparison with other financial products.

Interest

The charge for borrowing money, usually expressed as a percentage of the amount borrowed.

Future Value

The estimated worth of an investment or amount of money at a specific future date, taking into account factors like interest rates or investment growth.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.