You have just discovered a great new way to sell life insurance. companies and you have already mailed an introductory letter to many companies offering your You intend to sell your method to many evices Do you have an asset? If so is it a real or a financial asset? A. Yes, a financial asset B. No asset was created yet C Yes, a real asset 12. The wisdo Spring Fund sells Class A shares with a front-end load of 5% and Class B shares with a 12b-1 fees of 1% annually. If you plan tosell the fund after 4 years, are Class A or Class B shares the better choice? Assume a 10% annual return net of expenses. A. Class A B. Class B C. There is no difference D. There is insufficient information given. 13. Your investment has a 40% chance of earning a 15% rate of return, a 50% chance of earning a 10% rate of return and a 10% chance of losing 3%, what is the standard deviation of this investment? A. 5.1496 B. 7.59% C. 9.29% D. 8.43% 14. Under firm commitment underwriting the public at the stipulated offering price A. red herring B. issuing company C. initial stockholder D. underwriter assumes the full risk that the shares cannot be sold to the index changes in the value of the stock with the greatest market value will move the 15. In a index value the most everything else equal. A. value weighted index B. equal weighted index C. price weighted index D. bond price index