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Unformatted text preview: A) a fixed stream of income B) a stream of income that is determined according to a specific formula C) either a or b D) neither a nor b 5. Deposits of commercial banks at the Federal Reserve are called ______. A) bankers acceptances B) federal funds C) repurchase agreements D) time deposits 6. The Dow Jones Industrial Average is computed by __________. A) adding the prices of 30 large "blue-chip" stocks and dividing by 30 B) calculating the total market value of the 30 firms in the index and dividing by 30 C) adding the prices of the 30 stocks in the index and dividing by a divisor D) adding the prices of the 500 stocks in the index and dividing by a divisor 7. The Standard and Poors 500 is a(n) __________ weighted index. A) equally B) price C) value D) none of the above...
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- Spring '08
- Federal Reserve, broad asset classes