True or False 1.If a market is considered efficient the implication is that you will be protected from wrong investment choices as a result of that efficiency but you cannot make abnormally large returns on investments. 2.Securities are financial assets with no explicit value of their own. 3.n a secondary market transaction, the funds move from a buyer of the security to the seller of the security rather than to the issuer of the security. The issuer of the security is only interested in the price at which the securities were sold. Jeff and Teara Washington have just financed a home and make annual payments of $19,515.43. If the mortgage has a stated interest rate of 5%, and will be paid off in 30 years, how much did the Washingtons pay for their new home if the bank financed 100% of the funds needed to make the purchase? $300,000.00 $549,276.08 $153,724.51 Cannot be determined from the information provided None of the answers provided is correct