Session 13: Market Organization, Market Indices, and Market Efficiency Reading 55: Market Organization and Structure
LOS c: Describe the major types of securities, currencies, contracts, commodities, and real assets that trade in organized markets, including their distinguishing characteristics and major subtypes.
Equity securities most likely include:
A) |
preferred stock and certificates of deposit. | |
B) |
commercial paper and repurchase agreements. | |
C) |
common stock and warrants. | |
Common stock, preferred stock, and warrants are equity securities. Certificates of deposit, commercial paper, and repurchase agreements are debt securities. |