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How many stocks are in the Dow Jones Industrial Average? 1) 10 2) 30 3) 100 4) All the stocks on the NYSE 5) All
How many stocks are in the Dow Jones Industrial Average? 1) 10 2) 30 3) 100 4) All the stocks on the NYSE 5) All the industrial stocks on the NYSE Question 2 (3 points) What does the term load mean when it comes to investing in mutual funds? 1) The annual expense ratio 2) The sales fee you pay when buying or selling a mutual fund 3) The 12b-1 fee 4) The initial amount required to invest in a mutual fund. Question 3 (3 points) v saved Assume you want to purchase AOL-Time Warner for $22 a share but it is currently trading at $24 a share. What type of order would you use in this case? 1 Market order 2) Limit-buy order 3) Limit-sell order 4) Stop-loss order Question 4 (3 points) Assume you own a stock that is currently selling for $25. You want to sell the stock if it reaches $27 a share. What type of order would you use? 1) Market order 2) Limit-buy order 3) Limit-sell order 4) Stop-loss order 5) Stop buy order
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