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day 2 - finance

Total questions: 5

Worksheet time: 7mins

Name
Class
Date
1.

As key participants in financial transactions, individuals are .........

a)

net demanders of funds because they save more money than they borrow

b)

net users of funds because they save less money than they borrow

c)

net suppliers of funds because they save more money than they borrow

d)

net purchasers of funds because they save more money than they borrow

2.

Which of the following is true of a primary market?

a)

It is an organized market in which all financial derivatives are traded.

b)

It is regulated by Ministry of Finance

c)

It is a market where smaller, unlisted securities are traded.

d)

It is the only market in which the issuer is directly involved in the transaction.

3.

Long-term debt instruments used by both government and business are known as .....................

a)

preferred stocks

b)

Sertifikat Bank Indonesia (SBI)

c)

bonds

d)

equities

4.

A group formed by an investment banker to share the financial risk associated with underwriting new securities is called a(n) ..........

a)

investment banking consortium

b)

underwriting syndicate

c)

selling group

d)

broker pool

5.

A firm conducting an IPO of common stock sold 1 million new shares in the offering at an offer price of $10 per share. After the offering, the firm had 5 million shares outstanding, and the price of those shares in the secondary market was $12. The firm’s market capitalization is ...........

a)

$60 million

b)

$50 million

c)

$12 million

d)

$10 million