Transaction costs for trades at a large brokerage firm are quite high when compared with other firms. If the other firms followed with higher transaction costs, it would most likely . affect the operational efficiency of the system

not create much change

affect the liquidity of funds

allow for products with higher risk

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.