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Call option: is the right to buy a stock before the expiration date at the exercise price put option: is the right to sell the stock before the expiration date at the exercise price
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Short Sales if bid price is $90 and the ask price is $90.50, the bid-ask spread is $0.50 limit buy order may instruct the broker to buy at or below the speculated price limit sell order may instruct the broker to sell at or above price stop-loss- order: stop-buy order: - first you sell, then you buy. At boh cases you end up with no shares - allow the investor to profit from a decline in a security's price - it is called covering the position - any dividends received during the short sales are to be paid to the lender of the shares Stop orders:   trade is not to be executed unless stock hits a price limit Short Sales:   sales of securities you don't own but have borrowed from your broker
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Classes of Shares: The are many classes but the big three are A, B and C. And what they mean is that they have diff A share: Front-end load share B share: Back-end loaded share C share: No real load; no fron-end, no back-end load It depends on the mutual funds family  How to decide which class of shares to buy through a broker? for Example At the end of : Year 1 Year 2 Year 3 Year 4 Year 5 5% 4% 3% 2% 1% In general  class A   has the highest level of fees such as  5%  front-load but   no 12-b1 fees. Someti class B  shares has a back-end load  that decreases over time. But there is a small perc Class C , there is no front-end or back-end load  BUT  it has the highest percentage of  1
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fferent styles of fees system Year 6 0% imes front-end fees are 8% or so or mybe less centage of 12-b1 fees 12-b1 fees
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5.50% coupon bond, maturing March 15, 2016 Settlement
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This note was uploaded on 01/12/2010 for the course FIN FIN 360 taught by Professor Shimmin during the Fall '09 term at University of Dayton.

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