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Category > Business & Finance Posted 31 May 2017 My Price 12.00

6. ____________ of an investment bank.

6. ____________ of an investment bank.

A) Citigroup is an example

B) Merrill Lynch is an example

C) Goldman is an example

D) B and C are each examples

E) Each of the above is an example

 

Answer: E Difficulty: Easy

 

7. _______ are financial assets.

A) Bonds

B) Machines

C) Stocks

D) A and C

E) A, B and C

 

Answer: D Difficulty: Easy

Rationale: Machines are real assets; stocks and bonds are financial assets.

 

 

8. An example of a derivative security is ______.

A) a common share of General Motors

B) a call option on Mobil stock

C) a commodity futures contract

D) B and C

E) A and B

 

Answer: D Difficulty: Easy

Rationale: The values of B and C are derived from that of an underlying financial asset; the value of A is based on the value of the firm only

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Status NEW Posted 31 May 2017 04:05 AM My Price 12.00

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