1.Please select all examples of primary markets:( chose 2)

a.An auction of USG debt held by the US Treasury b.A Salvation Army store c.A department store

d.The New York Stock Exchange, for most transactions

2.You are a retail investor considering investing in a mutual fund, but expect to liquidate the investment in 1 year. The best option for you would probably be a:

Class I fund

Class C fund

Class A fund

Class B fund

3.

Which of the following benefits would you obtain by investing in a traditional mutual fund rather than an exchange-traded fund that holds the same stock portfolio?

a.You can cash out by selling your portfolio to another investor b.The fund would spend less of the money it earned on marketing expenses c.You would have better control over when you realized a capital gain d.The value of your mutual fund holdings would better track the value of the assets the fund owns

4.

All of the following are examples of real assets except:

a.A warehouse b.A hammer c.An insurance policy d.A dataset containing information about the most popular flavor of ice cream in each county in Nebraska