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A market order to sell would be filled at the highest price available that day.

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A bull market is characterized by


A) investor optimism.
B) governmental stimulus.
C) economic slowdown.
D) falling stock prices.
E) investor pessimism.

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The ____ Index reflects the total market value of over 98% of all publicly traded stock in the US.


A) Dow Jones Industrial Average
B) S & P 500
C) NASDAQ
D) Wilshire 5000
E) New York Stock Exchange

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Your goals tend to set the tone for your investment program,and they play a major role in determining how conservative or aggressive you're likely to be in making investment decisions.

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There are a variety of investment vehicles including which of the following:


A) common stock
B) bonds
C) preferred and convertible securities
D) real estate
E) all of the above are investment vehicles

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How many shares of Stock A traded on this day? How many shares of Stock A traded on this day?   A)  2,000 B)  79,000 C)  51,000 D)  10,000 E)  12,000


A) 2,000
B) 79,000
C) 51,000
D) 10,000
E) 12,000

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The federal government regulates securities markets through the Securities and Exchange Commission.

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Long-term securities are traded in the primary market.

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In terms of market capitalization,Apple is the biggest company in the world.

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The Securities Investor Protection Corporation insures brokerage firm accounts up to


A) $500,000 per account and $250,000 in cash
B) $250,000 per account and $100,000 in cash
C) $1,000,000 per account and $500,000 in cash
D) $500,000 per account and $250,000 in cash.
E) $500,000 per account and $100,000 in cash

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Which of the following are characteristics of an effective portfolio strategy?


A) level and stability of income
B) investment time horizon
C) investment experience and age
D) disposition toward risk
E) all of the above

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The federal government regulates securities markets through the


A) Department of Commerce.
B) Federal Reserve System.
C) National Association of Securities Dealers.
D) Securities and Exchange Commission.
E) Federal Securities Agency.

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Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -The high price for ABC stock over the past 52 weeks was [29 | 23.98]. Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -The high price for ABC stock over the past 52 weeks was [29 | 23.98].

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The securities market which you could not locate on the map is the


A) New York Stock Exchange.
B) American Stock Exchange.
C) Midwest Stock Exchange.
D) Pacific Stock Exchange.
E) Over the Counter Market.

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During a bear market,security prices generally


A) hold value
B) rapidly increase in value
C) remain neutral
D) decline in value
E) consolidate in value

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How much would it cost to purchase a round lot (the smallest number you can get and still be a round lot) of Stock A at the closing price for the day? How much would it cost to purchase a round lot (the smallest number you can get and still be a round lot) of Stock A at the closing price for the day?   A)  $ 790 B)  $ 1,950 C)  $ 2,960 D)  $19,500 E)  $29,600


A) $ 790
B) $ 1,950
C) $ 2,960
D) $19,500
E) $29,600

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Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -Listed securities would be purchased from [a securities exchange | the over the counter market].

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Investing and speculating are two entirely different activities.

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Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -You would expect to receive an annual dividend of [$0.16 | $0.70] per share. Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -You would expect to receive an annual dividend of [$0.16 | $0.70] per share.

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The over-the-counter market is not an organized security exchange.

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