1. Which of the following belongs to a different asset class? a. T-bill b. Common stock C. T-bond d. Preferred stock 2. Which of the following is not a goal of investment? a. to have steady cash flow during lifetime. b. to allocate resources along with the consumption pattern. c. to maximize future spending. d. to minimize current spending. 3. Where would an illiquid security in a developing country most likely traded at? a. Specialist market b. Over the Counter market c. Broker's market d. Electronic Communication Networks 4. Choose the true statement about ECN. a. Individual investors contact a broker to execute a transaction, b. Individual investors submit limit orders to be crossed automatically through system. c. Individual investors submit limit orders to be crossed through specialist. d. Individual investors contact a dealer to execute a transaction