5._____To a U.S. based investor, what is the key difference between global investing and international investing, as commonly understood?

a. Global investments do not include U.S. based investees.

b. Global investments include U.S. based investees.

c. International investments include U.S. based investees.

d. all of the above.

e. more than one, but not all, of the above.

8._____Among the inherent tax advantages of stocks over bonds is (are)

a. long term capital gains are taxed at lower rates than ordinary income.

b. dividends are taxed at lower rates than ordinary income.

c. taxable returns in the form of capital gains on stocks can be delayed indefinitely.

d. all of the above.

e. more than one, but not all, of the above.