1. Many assets trade in more than one type of market. What types of markets do the following trade in? a. Used cars b. Paintings c. Rare coins 2. What type of trading order might you give to your broker in each of the following circumstances? a. You want to buy shares of Intel to diversify your portfolio. You believe the share price is approximately at the fair value, and you want the trade done quickly and cheaply. b. You want to buy shares of Intel but believe that the current stock price is too high given the firms prospects. If the shares could be obtained at a price 5% lower than the current value, you would like to purchase shares for your portfolio. 3. An investor wants to purchase of 100 stock of tesla which is priced at $100 now, the initial margin required is 60%. a. What will be the rate of return If the price of Tesla declines to $70 per share? b. Suppose the maintenance margin is 30%. How far could the stock price fall before the investor would get a margin call?