Exam 11: Investment Planning

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.Select A for the first item,B for the second item,and C if neither item will correctly complete the statement. -On a percentage basis,commissions will be higher if you are buying a [large | small] number of shares.

Which of the following is least likely to be an investment objective?

There are more companies traded in the over-the-counter market than on any exchange.

Common stock pays interest payments on a quarterly basis.

The smallest round lot of stocks quoted at 23.25 would cost you (ignoring commissions)

Which of the following are characteristics of a limit order?

The Boston Stock Exchange is a regional exchange.

Stockbrokerage firms often do industry analysis.

One of the best sources of financial market and individual security price data that appears on a weekly basis is

Which of the following types of brokers is most likely to involve an investor trading electronically from his or her personal computer?

Daily security performance can be found in the Wall Street Journal and other major newspapers.

The Standard and Poor's Index includes 30 industrial stocks.

There are a variety of investment vehicles including which of the following:

When you sell a security OTC,you will receive the

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.Select A for the first item,B for the second item,and C if neither item will correctly complete the statement. -Stocks appearing in the "pink sheets" have a [high | low] degree of liquidity.

The most popular average/index covering stocks listed on the New York Stock Exchange is the New York Stock Exchange Index.

A short sale transaction will be profitable when prices are falling.

Listed securities are traded on organized exchanges.

____ is a short-term investment activity.

Discount brokers will