What does ETF stand for?
Exchange Traded Funds
Periodic amount bondholders receive
Coupon Payments
Largest market cap stock in the US
Apple
Chairman of the Fed today
Jay Powell
The largest asset on a bank's balance sheet is usually
Loans
The January inflation announced was around ___%
6.5%
What happens to the price of bonds when interest rates increase?
Decline
Gamestop and AMC have attracted buyers in the last two years, these stocks are known as
Meme Stocks
Rate that the Fed charges member banks for borrowing
Discount Rate
Banks lending to each other is known as the ______ market
Fed Funds
In 2022, this company CEO set a record for the largest paper loss in stock market history
Elon Musk
Relationship between interest rates on bonds that are similar in all terms except for maturity
Term Structure
How many stocks are in the Dow Jones Industrials Index?
30
Number of Federal Reserve districts in the US
12
Series of equal cash flows received at fixed intervals over the entire investment horizon
Annuity
Sam Bankman-Fried is accused of massive fraud heading which company?
FTX
Type of bond whose price is below par value
Discount Bond
Using non-public information for personal benefit is called
Insider Trading
Members on the Fed Board of Governors
7
Nominal interest rates less inflation is known as
Real Interest Rate
The tax investor pays on investment gains is called what?
Capital Gains Tax
Interest rate an investor should receive given the risk
Expected Rate of Return
Government organization that policies and monitors US stock markets
Securities and Exchange Commission
Length of term for Fed Board of Governor
14 years
Risk that a security can be sold at a predictable price with low transaction costs on short notice
Liquidity Risk