Business, 14.04.2020 19:16 IntellTanito
An agent of a broker-dealer is approached by the manager of a local bank, who tells that agent the following: "If you have any customers who want an extremely safe investment, you can sell them CDs issued by our bank and we will pay you a $50 referral fee for each completed sale." Which statement is TRUE about the agent engaging in this activity?A. This is permitted because the CD is an exempt security
B. This is an unethical activity known as selling away unless the agent obtains written permission of his or her firm to sell the bank's CDs
C. This is an illegal activity because agents are prohibited by law from selling away from their employing broker-dealer
D. This is permitted because the agent is only receiving nominal compensation for each CD sold
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 03:00, crobinson7206
Match each item to check for while reconciling a bank account with the document to which it relates. (there's not just one answer) 1. balancing account statement 2. balancing check register a. nsf fees b. deposits in transit c. interest earned d. bank errors
Answers: 3
Business, 22.06.2019 11:30, kimjp56io5
Amano s preguntes cationing to come fonds and consumer good 8. why did the u. s. government use rationing for some foods and consumer goods during world war ii?
Answers: 1
Business, 22.06.2019 11:40, nelly88
If kroger had whole foods’ number of days’ sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position? round interim calculations to one decimal place and your final answer to the nearest million.
Answers: 2
Business, 22.06.2019 12:10, felisha1234
Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:
Answers: 1
You know the right answer?
An agent of a broker-dealer is approached by the manager of a local bank, who tells that agent the f...
Questions in other subjects:
Biology, 20.10.2021 01:00
Mathematics, 20.10.2021 01:00
