Reading 55: Market Organization and Structure-LOS b 习题精选 2011, includes, likely, assets

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Session 13: Market Organization, Market Indices, and Market Efficiency
Reading 55: Market Organization and Structure

LOS b: Describe classifications of assets and markets.

 

 

The “real assets” classification most likely includes:

A) commodities.

B) bonds.

C) stocks.

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Real assets include commodities, real estate, durable equipment, and other physical assets. Bonds and stocks are classified as financial assets.

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Markets for financial assets with maturities of one year or less are best characterized as:

A) primary markets.

B) capital markets.

C) money markets.

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“Money markets” generally refers to markets for debt securities maturing in one year or less. Capital markets refer to markets for equities and for debt securities with maturities greater than one year. Primary markets are the markets for newly issued securities.