Who is the Nation's largest borrower?
The Government
What is the inter-dealer market in which unlisted securities trade?
Over-the-Counter (OTC)
What is the name of an investment that represents either ownership stake or a debt stake in a company?
What year did Vanguard begin?
1975
What is the highest grossing film of all time?
Avatar ($2.7B)
What type of bonds do municipalities issue?
General Obligation Bonds
What is the difference between the bid and the ask?
The spread
An investor owns 3000 shares of a low-priced common stock. After a 1:6 reverse split, how many shares would he/she hold?
500 Shares
Where was the first international office opened?
Melbourne, Australia
First rap artists to win a Grammy.
DJ Jazzy Jeff and The Fresh Prince
Government National Mortgage Association (GNMA)
Federal Farm Credit Banks (FFCBs)
Federal Home Loan Mortgage Corporation (Freddie Mac)
Federal National Mortgage Association (Fannie Mae)
What act created the SEC?
The Securities Exchange Act of 1934
A ______ is a certificate granting its owner the right to purchase securities from the issuer at a specified price.
What year did Vanguard launch the Target Retirement Funds?
2003
What studio did the Beatles use to record 191 songs?
Abby Road
What is the Discount Rate?
This is the charge on loans to depository institutions by the federal reserve and is set by the federal reserve.
When commission brokers are too busy to execute all of their firms' orders, who do they call on?
Two-dollar brokers
ABC Corporation has declared a record date of Thursday, July 5, for its next quarterly cash dividend. When is the last day the investor could purchase the stock regular way and receive the dividend?
Monday, July 2
What is Vanguard's average expense ratio?
0.11%
DAILY DOUBLE
In Star Wars, who was the first character to speak?
Rank the bond ratings from highest (least risk) to lowest (most risk) according to Moody's Ratings.
Aaa, Aa, A, Baa, Ba, B, Caa, D
A customer places an order to sell 100 DEF 52.25 stop. After placing the order, DEF trades as follows: 53, 52.60, 52.20, 52.10, 52.25. Which trade elects or triggers the order?
52.20
ABC common stock is currently selling for $150 per share with a quarterly dividend of $1.50. Calculate the current yield for ABC common stock.
$1.50 x 4=$6/150=4%
What year was Jack Bogle born?
1929
What is the first movie in the James Bond film franchise?
Dr. No (1962)