Question
10. You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but
10. You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but not 100% sure. Placing a ___________ may protect your current gains of $30 while at the same time keeping the opportunity open for future upward potential.
- limit-buy order
- limit-sell order
- stop-buy order
- stop-loss order
- The NYSE is an example of ________ and NASDAQ is an example of ______
- a dealer market ; an auction market
- a specialist market; a dealer market
- a brokered market; a dealer market
- a direct search market; a brokered market
- The money market is the market where:
- Only equity securities are traded.
- Debt securities with maturities of longer than a year are traded.
- Where treasury debt securities are traded.
- Securities of maturities up to one year are traded.
15. Which of the following is NOT a problem associated with the Bank Discount Yield that prevents it from being useful as an accurate measure of investment returns?
A. Simple interest
B. 360-day year
C. Initial investment amount in the denominator
D. Par value in the denominator
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