waecE-LEARNING
Commerce Paper 2, Nov/Dec. 2011  
Questions: 1 2 3 4 5 6 7 8 9 10 Main
General Comments
Strength
Weakness/Remedies


Question 5
  1. List and explain five types of Securities traded in the Stock Exchange.

 

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observation

  1. Candidates were able to list the Securities traded in the Stock Exchange but some had      difficulties in the explanations.
                Stock:  These are fully paid shares fixed in nominal values without any distinguishing        numbers.  They cannot be sold in units but in fractional amounts.
                Bonds: Longterm securities issued by governments, companies and banks.  They carry       fixed rate of interest.  It is also referred to as debentures when issued by Companies.
                Gilt-edge Securities:   It is issued by governments and well known companies, usually       backed by substantial guarantee of payments of interest and capital.  It is         also  
                known as blue chips.  But the candidates separated Gilt-edge securities from blue chips.

           

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