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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.
1. Each project has RM 10,000, and the cost of capital for each project is 12%. The projects' expected cash flows are as follows: Expected Net Cash Flows YEAR
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a) Briefly explain the trend
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