ANS Low ofur b. 1 and II only e. T and 11Il only d. I, II, and ANS 8, Af er considering current marke..ndthma, "n investor dwide, to place 60% ofher funds in equities and the rest in bonds This is an essmple of A asset allocation B. security analysis C. active management D. market efficieney ANS 9. Which of the following is not an example of a financial intermediary? a. Goldman Sachs b. Allstate Insurance c. Bank of America d. Bloomberg ANS: 10. Stone Harbor Products takes out a bank loan. It receives 550,000 and signs a promissory note to pay back the loan over 10 years. In this transaction, a. a new financial asset was created b. a financial asset was traded for a real ass c. a financial asset was destroyed d. a real asset was created ANS 1. In calculating the Dow Jones Industrial Average, the adjustment for a stock split occurs b by adjusting the divisor c. by adjusting the numerator d by adjusting the market value weights ANS