Exam 9: Financial Markets and Instruments: Learning the Investment Environment

When you placed a market order,your broker quoted a price of $30.With this information we know that

On the New York Stock Exchange,the function of maintaining an orderly and continuous market is performed by

A risk averter is someone unwilling to undertake risky investments,regardless of the potential return.

In a short sale,your broker must borrow the shares you sell.

If you tell your broker the maximum price to pay for a stock,you have placed a

You are interested in buying some newly issued shares of a company.Prior to the sale,the company must provide the SEC with

Which item below is not true of the New York Stock Exchange?

Comprehensive financial information about a company is found in its

Limit orders stay in effect until they are cancelled or executed.

Highly liquid investments have

The Dow Jones Industrial Average is a widely-watched price index of 30 stocks.

If you want to cut your losses by telling your broker to sell your stock at the best possible price you have entered a limit order.

Contractual claims would not include

The Maloney Act led to the creation of

You engage in a short sale when you

A risk averter is someone who

Which one of these investment assets never matures?

Interest on U.S.Treasury bonds is subject to federal income taxes,but interest on municipals is not subject to the federal income tax.

If you expect a decline in the price of a stock,you might engage in a short sale.

NASDAQ is an electronic communications system employed to trade OTC securities.