The key difference between investors and information-motivated traders is:

To increase the federal funds rate, the Fed can use open market operations to

In order to calculate a bond's present value we use the

After passing CFA level 1 exam, Frank wrote a memorandum to all his clients stating that he passed
CFA, one of the most important exams in the financial industry and that this designation becomes a stamp of approval of his superior performance. Which of the following is correct?

In Harvey, N.D. three local banks have issued no-interest loans in the form of Harvey Bucks. They can be spent in local stores. Retailers get 95 U.S. cents for each Harvey Buck. From this information you can conclude that Harvey Bucks: