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51. Which one of the following statements is
not
characteristic of mutual funds?
52. Which one of these correctly applies to mutual funds?
53. "Balanced" mutual funds:
54. Who was responsible for the financial crisis of 2007-2009?
55. Which one of the following funds provides a tax advantage to individual investors?
56. A financial institution:
57. Which type of financial institution generally does not accept deposits but does underwrite
stock offerings?
58. Which one of the following financial intermediaries has shown the greatest preference for
investing in
long-term
financial assets?
59. Which one of these may provide a financial return to some investors while not providing
any financial return to other investors?
60. Insurance companies can usually cover the claims of policyholders because:
61. Which of the following is
not
typically considered a function of financial intermediaries?
62. U.S. bonds and other debt securities are mostly held by:
63. Approximately what percentage of U.S. corporate equities are held by households?
64. In 2012, U.S. corporate and foreign bonds totaled:
65. In 2012, U.S. corporate equities totaled:
66. Which one of these transports income forward in time?
67. Which one of these assists in shifting an individual's consumption forward in time?
68. One reason suggesting that banks may be better than individuals at matching lenders to
borrowers is that banks:
69. Which one of the following is
least
liquid?
70. Financial markets and intermediaries:
71. Which of the following functions does
not
require financial markets?
72. Liquidity is important to a mutual fund primarily because:
73. Which one of the following is the biggest provider of payment mechanisms?
74. Which of the following actions does
not
help reduce risk?
75. Insurance companies primarily reduce an individual's risk by:
76. Which of the following information is
not
provided by the financial markets?
77. A capital investment that generates a 10% rate of return is worthwhile if:
78. The cost of capital:
79. Excess cash held by a firm should be:
80. One contributing factor to the 2007-2009 financial crisis was the structuring of mortgage
loans with:
81. The opportunity cost of capital:
82. During the Financial Crisis of 2007-2009, the U.S. government bailed out all of the
following firms
except:
83. If Apple Computer Inc. is used as the model, then new firms should expect to raise capital
in which one of these orders? Start with the first money raised.
84. Which one of these parties
cannot
invest in a hedge fund?
