Which of the Following Is NOT a Feature of Secondary

question 90

Multiple Choice

Which of the following is NOT a feature of secondary markets?

• A)A trading platform (such as a computer program)that enables trading.
• B)Trading rules and procedures.
• C)A centralised trading room.
• D)Settlement procedures.
• E)Standardised securities.

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Definitions:

Amortization

The process of spreading out a loan or intangible asset cost over a fixed period of time for accounting and tax purposes.

Straight-Line Method

A method of allocating the cost of an asset evenly over its useful life.

Callable Bonds

Securities that the issuer has the option to repurchase before they reach their due date, at a specified call price.

Carrying Amount

The net amount at which an asset or liability is recognized on the balance sheet, considering factors like depreciation or amortization.