Test #81-100
81. A company that issues stock to a small group of people is a _______.
A)public corporation
B)private corporation
C)sole proprietorship
D)partnership
82. A company that sells its shares openly in stock markets, where anyone can buy them, is a _______.
A)sole proprietorship
B)public corporation
C)securities exchange
D)private corporation
83. One advantage of preferred stock is _______.
A)less risk than common stock
B)guaranteed income
C)higher yield than corporate bonds
D)greater potential for growth than common stock
84. A _______ is a stock that pays higher-than-average dividends compared to other stock issues.
A)defensive stock
B)penny stock
C)income stock
D)cyclical stock
85. A(n) _______ is a stock that has steady earnings and continues paying dividends even during economic declines.
A)penny stock
B)defensive stock
C)cyclical stock
D)growth stock
86. The total amount of stocks and bonds issued by a corporation is called _______.
A)total return
B)large-cap stock
C)small-cap stock
D)capitalization
87. The market condition that occurs when investors are pessimistic about the economy and sell stock is called a _______.
A)bull market
B)bear market
C)total return
D)security
88. The market condition that occurs when investors are optimistic about the economy and buy stocks is called a(n) _______.
A)bear market
B)bull market
C)economic decline
D)efficient market
89. A request that a stockbroker sell a stock for a specific amount is called a _______.
A)stop order
B)market order
C)portfolio
D)selling short
90. Most over-the-counter stock is traded through _______.
A)the NYSE
B)AMEX
C)NASDAQ
D)the Tokyo Exchange
91. The _______ is the dollar amount that the bondholder will receive at the bond's maturity.
A)face value
B)yield
C)premium
D)debenture
92. A bond that is not registered in the investor's name is called a _______.
A)registered bond
B)bearer bond
C)coupon bond
D)zero-coupon bond
93. A bond that is registered in the owner's name by the company that issues it is called a _______.
A)bearer bond
B)registered bond
C)serial bond
D)sinking fund
94. A _______ is a bond that an investor can trade for shares of stock.
A)mortgage bond
B)serial bond
C)convertible bond
D)sinking fund
95. To reach maturity, Treasury Bills take between _______.
A)13 to 52 weeks
B)1 to 10 years
C)6 months to 30 years
D)10 to 30 years
96. A Standard & Poor's rating of B indicates _______.
A)high risk
B)low risk
C)safe investment
D)company in default
97. The _______ is the rate of return, usually stated as a percentage, earned by an investor who holds a bond for a certain amount of time.
A)face value
B)premium
C)debenture
D)yield
98. One of the main reasons for buying a mutual fund is _______.
A)safety
B)diversification
C)guaranteed income
D)the government guarantees them
99. Only a fixed number of shares are issued for a _______.
A)closed-end fund
B)open-end fund
C)load fund
D)no-load fund
100. Payments that result from the sale of securities in a fund's portfolio are called _______.
A)income dividends
B)net asset values
C)capital gain distributions
D)shares
A)public corporation
B)private corporation
C)sole proprietorship
D)partnership
82. A company that sells its shares openly in stock markets, where anyone can buy them, is a _______.
A)sole proprietorship
B)public corporation
C)securities exchange
D)private corporation
83. One advantage of preferred stock is _______.
A)less risk than common stock
B)guaranteed income
C)higher yield than corporate bonds
D)greater potential for growth than common stock
84. A _______ is a stock that pays higher-than-average dividends compared to other stock issues.
A)defensive stock
B)penny stock
C)income stock
D)cyclical stock
85. A(n) _______ is a stock that has steady earnings and continues paying dividends even during economic declines.
A)penny stock
B)defensive stock
C)cyclical stock
D)growth stock
86. The total amount of stocks and bonds issued by a corporation is called _______.
A)total return
B)large-cap stock
C)small-cap stock
D)capitalization
87. The market condition that occurs when investors are pessimistic about the economy and sell stock is called a _______.
A)bull market
B)bear market
C)total return
D)security
88. The market condition that occurs when investors are optimistic about the economy and buy stocks is called a(n) _______.
A)bear market
B)bull market
C)economic decline
D)efficient market
89. A request that a stockbroker sell a stock for a specific amount is called a _______.
A)stop order
B)market order
C)portfolio
D)selling short
90. Most over-the-counter stock is traded through _______.
A)the NYSE
B)AMEX
C)NASDAQ
D)the Tokyo Exchange
91. The _______ is the dollar amount that the bondholder will receive at the bond's maturity.
A)face value
B)yield
C)premium
D)debenture
92. A bond that is not registered in the investor's name is called a _______.
A)registered bond
B)bearer bond
C)coupon bond
D)zero-coupon bond
93. A bond that is registered in the owner's name by the company that issues it is called a _______.
A)bearer bond
B)registered bond
C)serial bond
D)sinking fund
94. A _______ is a bond that an investor can trade for shares of stock.
A)mortgage bond
B)serial bond
C)convertible bond
D)sinking fund
95. To reach maturity, Treasury Bills take between _______.
A)13 to 52 weeks
B)1 to 10 years
C)6 months to 30 years
D)10 to 30 years
96. A Standard & Poor's rating of B indicates _______.
A)high risk
B)low risk
C)safe investment
D)company in default
97. The _______ is the rate of return, usually stated as a percentage, earned by an investor who holds a bond for a certain amount of time.
A)face value
B)premium
C)debenture
D)yield
98. One of the main reasons for buying a mutual fund is _______.
A)safety
B)diversification
C)guaranteed income
D)the government guarantees them
99. Only a fixed number of shares are issued for a _______.
A)closed-end fund
B)open-end fund
C)load fund
D)no-load fund
100. Payments that result from the sale of securities in a fund's portfolio are called _______.
A)income dividends
B)net asset values
C)capital gain distributions
D)shares
answers
81. b
82. b 83. a 84. c 85. b 86. d 87. b 88. b 89. a 90. c |
91. a
92. b 93. b 94. c 95. a 96. a 97. d 98. b 99. a 100. c |