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Jobbers or Speculators - Stock Market
1. This is a dealer who that trades in securities in his own right like a principal.
2. He can set prices and make active the market with his own selling and buying thus he is a market maker.
3. He earns profit or benefit and engages in speculation identified Jobbers' turn or selling price - buying price.
4. He does not deal along with members of the public unlike brokers. Though, brokers can sell and buy shares via jobbers.
Commercial Banks - Banking Institutions These are financial institutions such accept deposits of money from the universal public, safeguard the deposits and create them availa
1) Calculate the yield to maturity of a 7-year $1,000 par value bond with an annual coupon rate of 7.5% and a current price of $1,125. Provide the spreadsheet solutions for both an
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some report about credit bank
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