The Equity market is a subsector of the

commodity market

capital market

derivatives market

money market

None of the options are correct

A municipal bond 4.2% . You have a marginal tax rate of 40%. You are considering to invest in a corporate bond that carry the same risk as the municipal bond. You will invest in the corporate bond if its rate is higher than

4%

5%

6%

7%

Cannot be determined from the information given

You purchased a gold futures contract at a price of $1650 per ounce. There are 100 ounces per contract . At the time of expiration, the gold price was $1625. Your profit or loss ( in red)

$25.00

$25.00

$2,500.00

$2,500.00

Cannot be determined from the information given