Which of the Following Is a Valid Concern for an Investor

question 92

Multiple Choice

Which of the following is a valid concern for an investor who is considering purchasing a bond which has been issued under Rule 144A?

• A) Rule 144A issues are less liquid than public issues
• B) Rule 144A issues are traded in the secondary market too actively to accurately value them
• C) Rule 144A issues can never be repurchased by the issuing firm
• D) none of the above

---

Definitions:

Nash Equilibrium

A concept in game theory where no player can benefit by changing strategies if the other players keep their strategies unchanged.

Nash Equilibrium

A concept in game theory where each player's strategy is optimal given the strategies of all other players, indicating a stable state from which no player has the incentive to deviate unilaterally.

Explicit Collusion

A direct agreement among competitors to fix prices, limit production, allocate markets, or engage in other anticompetitive practices, typically illegal in nature.

Optimal Strategy

The best course of action a player or decision-maker can take in a game or decision-making scenario, considering the actions of other players or factors.