10. Boards of Directors in the publicly-traded sphere are elected by corporate stockholders, using which of the following methods? A statutory voting B regular voting C cumulative voting D any of the above are possible voting procedures

11. Reinvestment risk is least present in: A 2% 10 year Treasury Note B 3% 10 year AA rated Municipal G.O. C 4% 10 year AAA rated Corporate debenture D Zero coupon Treasury Bond

12. One of the most frequently issued money market instruments is commercial paper. Typically, this investment has a maximum maturity: A of one year B of 90 days C of 270 days D of 180 days