Ture or False

1.Cumulative preferred stock is not entitled to dividends in arrears.

2.The general public is allowed to trade stock on the floor of the stock exchange.

3.The previous day's close of a stock is not listed in today's transactions.

4.Stocks are quoted in decimals.

5.Bonds do not repay the face value in the future.

6.If someone buys a bond for less than $1,000, that person will receive less annual interest.

7.A mutual fund is an investment company that buys stocks and bonds and then sells shares in those securities to the public.