Stocks are always quoted in:
A) Percents
B) Quarters of a dollar
C) Decimals
D) Quarter lots
E) None of these
Correct Answer:
Verified
Q29: The price-earnings ratio is calculated by the
Q30: Stockbrokers:
A)Do not act as middlemen
B)Cannot trade stock
C)Charge
Q31: The NAV helps an investor keep track
Q32: The offer price of a mutual fund
Q33: A mutual fund is made up of
A)Many
Q35: A low-load fund is bought directly from
Q36: Bonds are usually in denominations of:
A)$100
B)$1,000
C)$10,000
D)$100,000
E)None of
Q37: Preferred stock can:
A)Be cumulative
B)Have equal rights to
Q38: The NAV is the dollar value of
Q39: A mutual fund is an investment company
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