What are the two major stock exchanges in Canada?

A. NYSE Euronext and the Montreal Exchange

B. Toronto Stock Exchange and the Montreal Exchange

C. Euronext N.V. and the Montreal Exchange

D. Toronto Stock Exchange and the AMEX

What is the purpose of the Montreal Exchange?

A. To oversee the Toronto Stock Exchange

B. To act as an agent for the Central Bank of Canada

C. To provide oversight for the Canadian financial system

D. To provide a market for the trading of options and futures contracts

A mutual fund's net asset value is the:(Select the best answer below.)

A. market value of all the securities it has purchased minus the market value of all the securities it has sold.

B. number of shares of each security the fund holds times the current share price of the security.

C. market value of all the securities it has purchased minus dividend distributions to the fund's shareholders.

D. market value of all the securities it has purchased minus any liabilities owed.