A measure of liquidity for a stock market is the turnover ratio; defined as
A) the ratio of stock market transactions over a period of time divided by the size,or market capitalization,of the stock market.
B) the ratio the size,or market capitalization,of the stock market divided by the value of the stock market transactions over a period of time.
C) the ratio of aggregate company sales over a period of time divided by the size,or market capitalization,of the stock market.
D) none of the options
Correct Answer:
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Q1: At year-end 2015,total market capitalization of 80
Q2: A measure of "liquidity" for a stock
Q3: Generally,the higher the turnover ratio,
A)the less liquid
Q5: Investment in foreign equity markets became common
Q6: Only in the 1990s did world investors
Q7: Total market capitalization for exchanges increased nearly
Q8: During the 1980s,cross-border equity investment was largely
Q9: Public traders do not trade directly with
Q10: The sale of new common stock by
Q11: Only in the _ did world investors
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