A Further Public Offering (FPO) is made on which market: a) Primary Markets! b)- Secondary-Markete c) Third-Market- d) Fourth Markets The difference between the primary and secondary markets include: a) Primary markets and secondary markets have fixed stock prices b) The primary market is not subject to commissions nor is the secondary market c) Primary markets and secondary markets are both open for an unlimited period of time d) The primary market is not subject to commissions and the secondary market is subject to commissions When shorting a stock a. Investors borrow against their own holdings and use their own stock to earn a spread b. An investor is anticipating an increase in sales priced c. An investor is anticipating a decrease in sales priced d. Investors borrow.shares from other investors to earn a spread from the change in priced e. Both a and.ce f. Both-c and de Margin trading is a form of trading whereby: a.- Investors take a loan from a bank and use it to buy stocks b. Investors use their own securities as collateral and can use 100% of the value to borrow C. Investors take a loan from the brokerage company at a stated interest rated d.- Investors use their own securities as collateral and can only use the proceeds to invest; The amount borrowed depends upon the margin requirement Your client makes $400,000 per annum and is in a 40% tax bracket. The investor will take on some risk in their portfolio. The best type of income/gains from investments for this client would be: a.- CD deposit b.- Bonds which are triple A rated c. - Hedge fund investments d. - Stocks which you think will appreciated