Author Question: The bid-asked spread is much lower for currencies that are infrequently traded in order to ... (Read 19 times)

sammy

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The bid-asked spread is much lower for currencies that are infrequently traded in order to
  compensate banks for providing the service.
 
  Indicate whether the statement is true or false

Question 2

Dew Drop In, Inc. announces is quarterly dividend will increase from 3.80 to 4.00. After the
  announcement, the price of Dew Drop In, Inc.'s stock drops. The most likely explanation is that
 
  A) investors are irrational.
  B) the stock market is a perfect market.
  C) Dew Drop In, Inc.'s debt ratio decreased.
  D) investors were expecting a larger increase.


leahm14

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Answer to Question 1

FALSE

Answer to Question 2

D



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