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Mutual funds pass their expenses to:
- portfolio managers
- shareholders
- CEO
- public
Shareholders
This type of bond mutual fund is often referred to as "junk" bond funds and are issued by highly leveraged funds.
- Income Funds
- Tax Free Funds
- High Yield Bond funds
- International and global funds
High Yield Bond funds
This type of bond mutual fund is composed of bonds that offer periodic coupon payments and vary in exposure to risk.
- Income Funds
- Tax-Free Funds
- High- yield bond funds
- International and global funds
Income Funds
This type of bond mutual funds contains mutual bonds.
- Income Funds
- Tax- Free Funds
- High Yield Bond funds
- International and global funds
Tax- Free Funds
Bonds selling above PAR:
- Discount Bonds
- PAR bonds
- Junk Bonds
- Premium Bonds
Premium Bonds
A type of fund that is designed to mimic particular stock indexes and are traded on a stock exchange just like stocks.
- Exchange- traded funds
- Close- ended funds
- Private Equity Funds
- Venture capital funds
Exchange- traded funds
Lower interest rates can encourage corporations or government agencies to issue more bonds, which requires more underwriting activity by securities firms. The Market value of bonds held as investments by securities firms increase as interest rates decline. This type of risk is called:
- Exchange Rate Risk
- Credit risk
- Interest Rate Risk
- Market Risk
Interest Rate Risk
These funds invest in a portfolio of different mutual funds.
- Specialty Funds
- Index Funds
- Multi-Funds
Multi-funds
This regulation requires firms to disclose any significant information simultaneously to all market participants.
- Open Books
- Simplicity
- Fair Disclosure
- Private Equity
Fair Disclosure
Bonds selling AT PAR:
- Discount Bonds
- PAR Bonds
- Junk Bonds
- Premium Bonds
PAR Bonds
A type of fund that pools money provided by individual and institutional investors and buys majority stakes in a business.
- Exchange Rate funds
- Close ended funds
- Private Equity funds
- Venture Capital Funds
Private Equity funds
Mutual funds are sometimes referred to as open-ended funds because they are open to investors, meaning that they will sell shares to investors _______.
- some of the time
- at any time
- never
These funds are composed of stocks that, in aggregate, are expected to move in line with a specific index.
- Specialty funds
- Index funds
- Multi-Funds
Index Funds
Many securities firms offer bridge loans and other types of credit to corporations. The securities firms are subject to the possibility that these corporations will default on their loans. This type of risk is called:
- Exchange rate risk
- Credit risk
- Interest rate risk
- Market risk
Credit risk
A standardized agreement to deliver or receive a specific amount of a specific financial instrument at a specific price and date.
- IPO
- Financial Futures Contract
- Stock Certificate
Financial Futures Contract
A close- end fund that invests in real estate or mortgages.
- Exchange- traded funds
- close end funds
- Real estate investment trusts
- Venture capital funds
Real estate investment trusts
These funds focus of a group of companies sharing a particular characteristic.
- Specialty Funds
- Index Funds
- Multi- Funds
Specialty funds
The earnings remitted by foreign subsidiaries are reduced when the foreign currencies weaken against the parents firm's home currency. This type of risk is called:
- Exchange Rate Risk
- Credit risk
- Interest Rate risk
- Market Risk
Exchange rate risk
The idea that financial institutions may pursue high- risk opportunities in order to achieve high returns with the assumption that they will be bailed out if their strategies fail is called:
- millennial problem
- moral hazard problem
- not my problem
moral hazard problem
The operations of financial futures exchanges are regulated by the:
- Commodity Futures Trading Commission
- Hedge Investment Authority
- Internal Revenue Service
Commodity Futures Trading Commission
- Households
- Corporations
- The US Treasury
- Government agencies
Households
A debt obligation with long term maturities that are commonly issued by governments or corporations to obtain long term funds are called:
- bonds
- securities
- mutual funds
- bonds
The price of a bond is the ______ value of cash flows that will be generated by the bond.
- Future
- Present
- Coupon
- Absolute
present
Bonds selling below PAR:
- Discount Bonds
- PAR bonds
- Junk Bonds
- Premium Bonds
Discount Bonds
Attempt to capitalize on price movements during a single day.
- Speculator
- Day Traders
- Position Traders
- Hedgers
Day Traders