Description
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This assignment is an individual assignment.
The assignment must be submitted in WORD format only.
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Assignments submitted through email will not be accepted.
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Students are advised to make their work clear and well presented, marks will
be deducted for poor presentation. This includes filling your information on the
cover page.
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Students must mention question number clearly in their answers.
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Late submission will NOT be accepted.
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Avoid plagiarism, the work should be in your own words, copying from
students or other resources without proper referencing will result in ZERO
marks. No exceptions.
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All answers must be typed using Times New Roman font (size 12, doublespaced). No pictures containing text will be accepted and will be considered
plagiarism.
1Distinguish between the primary and the secondary market for Securities? (2Marks)
2.Discuss the features that differentiate organized exchange from the over-the-counter
market (2Marks)
3. What is a lien, and when is it used in mortgage lending? (1Marks)
4. “A country is always worse off when its currency is weak(falls in value)”Is this
statement true, false, or uncertain? Explain your answer. (3Marks)
5.How can a large balance of payment contribute to the country’s inflation rate?(2
Marks)
6. What investment instruments are available to financial firms for short-term and long-term
needs?
7. What are the various sources of demand for and supply of liquidity for banks?
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