MARKET, BOND AND SECURITY VALUATION

Which is not the level of efficient market hypothesis

• Weak

• Semi-weak

• Semi-strong

• Strong

Which is NOT 3 economic forces that lead to market efficiency

• investor rationality

• independent deviation from rationality

• anomaly

• arbitrage

Which is Calendar effect anomaly

• January effect

• small-firm effect

• value effect

• liquidity effect

What is Premium bond?

• A bond priced above its face value

• A bond priced below its face value

• A bond priced at face value

• A bond sells at par

Market in which previously issued securities are traded among investors is

• primary market

• secondary market

• IPO market

• supermarket