31.

In relation to an issue of bonds, the method where the bond offer is made only to institutions that deal regularly in securities is called:

a.

family issue.

b.

institutional issue.

c.

private placement.

d.

public issue.

32.

Stockbrokers act as _____ for an exchange.

a.

agents

b.

negotiators

c.

intermediaries

d.

dealers

33.

A company whose share is selling for $24 announces a stock split of four-for-three. Which of the following statements is correct?

a.

There will be three-quarters more shares on issue and they will sell for $32.

b.

There will be three times as many shares on issue, and they will sell for $8.

c.

There will be four times as many shares on issue and they will sell for $96.

d.

There will be one-third more shares on issue and they will sell for $18.

34.

A dollar denominated deposit at a Singapore bank is called a ______.

a.

LIBOR

b.

banker's acceptance

c.

eurodollar

d.

Singapore dollar

35.

To track the S&P500, a fund manager can buy:

a.

an S&P500 index fund.

b.

a percentage of stocks that essentially tracks the index.

c.

all the stocks in the S&P500.

d.

all of the given answers.