_____________________ are factors that have a direct effect on future income streams of the instruments including the value of the assets and the expected income streams of those assets on which the financial instruments represent claims.

Question

Quizplus · Accepted Answer

Market fundamentals, such as the value and expected income streams of underlying assets, have a direct impact on the future income streams of financial instruments that represent claims on those assets. The efficient markets hypothesis pertains to the efficiency of markets in reflecting all available information, while the flow of funds and sources and uses of funds refer to the movement of funds between different sectors or entities.

_____________________ Are Factors That Have a Direct Effect on Future