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1. According to the video, Money Market, funds can be raised in the money market by I. the US treasury II. large credit-worthy firms III.

1.

According to the video, "Money Market", funds can be raised in the money market by

I. the US treasury

II. large credit-worthy firms

III. small credit-worhty firms

IV. individual investors

a.

I only

b.

I and II only

c.

I, II and III only

d.

I, II, III and IV

2.

Which of the following loans is/are not made expressly for purchasing financial securities?

I. A mortgage loan

II. A market loan

III. A margin loan

Select one:

a.

I only

b.

I and II only

c.

II and III only

d.

I, II and III

3.

Securities dealers are like used car dealers because

I. They depend on a selling commission to make a profit

II. They make a profit in the difference between the selling price and their original purchase price

III. Both sell from their inventory

a.

I only

b.

II only

c.

II and III only

d.

I, II, and III

4.

Which of the following is characteristic of private equity and venture capital deals?

I. They require large investment commitments from their investors

II. They provide underwriting only for start-up companies

III. They may end with an initial public offering (IPO) or a merger

Select one:

a.

I only

b.

I and II only

c.

I and III only

d.

I, II, and III

5.

An investment bank pays $90 per share to underwrite a new stock offer. The public pays $100 per share to purchase the new stock. What is the $10 difference called?

I. The lending spread

II. The underwriting spread

III. The bid-ask spread

Select one:

a.

I only

b.

II only

c.

III only

d.

None of these answers are correct

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