1 financial market participants who provide funds are, Ask an Expert

Finance

1. Financial market participants who provide funds are called:

a. deficit units.

b. surplus units.

c. primary units.

d. secondary units.

2. A firm in the 35 percent tax bracket is aware of a tax-exempt security that is paying a yield of 7 percent. To match this yield, taxable securities must offer a before-tax yield of:

a. 7.0%.

b. 10.8%.

c. 20.0%.

d. none of the above

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92671410

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