49. Which of the following is not an example of a financial intermediary? 51. Money market securities are characterized by: I. Maturity less than 1 year II. Safety of the principal investment III. Low rates of return 52. After much investigation, an investor finds that Intel stock is currently underpriced. This is an example of ______. 53. After considering current market conditions, an investor decides to place 60% of her funds in equities and the rest in bonds. This is an example of _____. 54. Suppose an investor is considering one of two investments that are identical in all respects except for risk. If the investor anticipates a fair return for the risk of the security he invests in, he can expect to _____. 55. The efficient market hypothesis suggests that _______.
49. Which of the following is not an example of a financial intermediary? 51. Money market securities are characterized by: I. Maturity less than 1 year II. Safety of the principal investment III. Low rates of return 52. After much investigation, an investor finds that Intel stock is currently underpriced. This is an example of ______. 53. After considering current market conditions, an investor decides to place 60% of her funds in equities and the rest in bonds. This is an example of _____. 54. Suppose an investor is considering one of two investments that are identical in all respects except for risk. If the investor anticipates a fair return for the risk of the security he invests in, he can expect to _____. 55. The efficient market hypothesis suggests that _______.