1. What service does a stockbroker offer? Briefly describe the difference between a full service broker and a discount broker. How does a broker handle a market order? How does a broker handle a limit order?

2. Describe five different investment strategies. Which of these investment strategies do you personally favor? Why? What types of investments fit best with your strategy?

3. In addition to reporting a stocks closing price, most financial websites provide additional information about the stock, including its market capitalization, price-earnings ratio, earnings per share and dividend and yield. Define each of these measures and provide a brief explanation of its significance.