Podcast
Questions and Answers
What is a characteristic of the Dow Jones Industrial Average?
What is a characteristic of the Dow Jones Industrial Average?
- It is a price-weighted index of 50 stocks. (correct)
- It is a market capitalization-weighted index of 30 stocks.
- It is a total return index of 40 stocks.
- It is a dividend yield-weighted index of 30 stocks.
What is a seasoned equity offering?
What is a seasoned equity offering?
- When an issuer that has never had publicly-traded equity issues new shares to the public.
- When an issuer that has never had publicly-traded debt issues new debt to the public.
- When an issuer that already has publicly-traded equity issues new shares to the public. (correct)
- When an issuer that has publicly-traded equity issues new bonds to the public.
What is true about hedge funds during the subprime mortgage crisis?
What is true about hedge funds during the subprime mortgage crisis?
- They were not affected by the crisis.
- They experienced significant losses despite their ability to hedge. (correct)
- They experienced significant losses due to their ability to hedge.
- They did not experience any losses.
What type of fund must hold substantial cash reserves?
What type of fund must hold substantial cash reserves?
What is true about larger banks compared to smaller banks?
What is true about larger banks compared to smaller banks?
What is true about the strong form of efficient market hypothesis?
What is true about the strong form of efficient market hypothesis?
What is the combined percentage of the management fee and the 12b-1 fee?
What is the combined percentage of the management fee and the 12b-1 fee?
What is the impact of a front load on the net annual rate of return?
What is the impact of a front load on the net annual rate of return?
How long can securities be preregistered under a shelf registration?
How long can securities be preregistered under a shelf registration?
What is the characteristic of bank assets compared to bank liabilities?
What is the characteristic of bank assets compared to bank liabilities?
What is the largest owner of money market mutual funds?
What is the largest owner of money market mutual funds?
Which of the following is not considered an abusive activity in mutual funds investing?
Which of the following is not considered an abusive activity in mutual funds investing?
What is the typical ROA range for a well-run bank?
What is the typical ROA range for a well-run bank?
What is the correct hierarchy of claim seniority among bondholders, preferred stockholders, and common stockholders?
What is the correct hierarchy of claim seniority among bondholders, preferred stockholders, and common stockholders?
What do the inside quotes represent on the NASDAQ system?
What do the inside quotes represent on the NASDAQ system?
What is the single largest asset category for a bank?
What is the single largest asset category for a bank?
What type of mutual funds typically invests in both common stock and long-term bonds?
What type of mutual funds typically invests in both common stock and long-term bonds?
What is the term for preregistering securities with the SEC for sale over the next two years?
What is the term for preregistering securities with the SEC for sale over the next two years?
What will happen to the fund's NAV per share if its total assets increase from $100 to $105 when the fund has 100 shares outstanding?
What will happen to the fund's NAV per share if its total assets increase from $100 to $105 when the fund has 100 shares outstanding?
Which of the following is the primary regulator of mutual funds?
Which of the following is the primary regulator of mutual funds?
What is true about ETFs?
What is true about ETFs?
How do bank liabilities and assets compare in terms of maturity and liquidity?
How do bank liabilities and assets compare in terms of maturity and liquidity?
What would be evidence that the markets are not semi-strong form efficient?
What would be evidence that the markets are not semi-strong form efficient?
What do stock prices reflect in a semi-strong efficient market?
What do stock prices reflect in a semi-strong efficient market?
What type of banking services involves providing check clearing, foreign exchange trading, and other services to other banks?
What type of banking services involves providing check clearing, foreign exchange trading, and other services to other banks?
What is the total value of the shares held by the open-end mutual fund?
What is the total value of the shares held by the open-end mutual fund?
What do open-end mutual funds guarantee to their investors?
What do open-end mutual funds guarantee to their investors?
What type of fund has a fixed number of shares outstanding and is traded on an exchange?
What type of fund has a fixed number of shares outstanding and is traded on an exchange?
What is the primary responsibility of NYSE specialists?
What is the primary responsibility of NYSE specialists?
What type of fund is the most common?
What type of fund is the most common?
