exercise2 - manager B) are not subject to SEC regulation C)...

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Chapter 3 and Chapter 4 Problems: From textbooks 1, P92 #7 2, P93 #12 3, P123 #8 4, P123 #10 Additional multiple choice questions: 1.__________ is called the Big Board. A) The American Stock Exchange B) The New York Stock Exchange C) The Pacific Stock Exchange D) The Tokyo Stock Exchange 2. Purchases of new issues of stock take place __________. A) at the desk of the Fed B) in the primary market C) in the secondary market D) none of the above 3. Initial margin requirements on stocks are set by __________. A) the Federal Deposit Insurance Corporation B) the Federal Reserve C) the New York Stock Exchange D) the Securities and Exchange Commission
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4. Hedge funds ___. A) allow private investors to pool assets to be invested by a fund
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Unformatted text preview: manager B) are not subject to SEC regulation C) investment strategies can make heavy use of derivatives and leverage D) all of the above 5. Assume that you have just purchased some shares in an investment company reporting $300 million in assets, $20 million in liabilities, and 30 million shares outstanding. What is the Net Asset Value (NAV) of these shares? A) $10 B) $9.33 C) $15 D) $1.50 6. Mutual funds that hold both equities and fixed-income securities in relatively stable proportions are called ____________________. A) income funds B) balanced funds C) asset allocation funds D) index funds...
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This note was uploaded on 05/10/2008 for the course FIN 367 taught by Professor Han during the Spring '08 term at University of Texas at Austin.

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exercise2 - manager B) are not subject to SEC regulation C)...

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