Question Completion Status: QUESTION 18 3 points Save Answer f no information (publicly available or not) can be consistently used to predict stock price changes, then the market is O a semi-atrong form inofficient O b. strong form officient a. semi-strong form efficient Od.strong form inefficient QUESTION 19 3 points Save Answer With respect to private placements of bande, which of the following is fase? a Interest rates on privately placed debt tend to be higher than for similar public issues Ob.Issues of privately placed bonds tend to be less wel known than pubic bond isam Oe. Once bonds have beon privately placed, the original buyers must hold the bonds unitil matuarity Od.Purchasers of privately placed dobt have assets of at least $100 million. QUESTION 20 3 points Save Answer A U.S. bank has 120 million in assets to corporate customers and has 70 million in liabilities it owes to customers with the same maturity. The bank has also sold 20 million pounds forward. The bank's net exposure is 0 a 170 million Ob.t30 million a.190 milion d.270 million QUESTION 21 3 points Save Answer Which of the folowing indices is not value weighted? a NASDAO Composite index .-b.NYSE Composite ndex c. Dow Jones Industrial Average