61.
The ____ index represents the performance of the Japanese stock market.
62.
The ____ index represents the performance of the U.K. stock market.
63.
The ____ index represents the performance of the Hong Kong stock market.
64.
The ____ index represents the performance of the Canadian stock market.
65.
The ultimate stock index in the U.S. is the
66.
The ____ is an example of a U.S. index of large firms.
67.
The ____ is an example of a U.S. index of small firms.
68.
The largest component of the money market is
69.
Certificates of deposit are insured by the
70.
Certificates of deposit are insured for up to ____________ in the event of bank insolvency.
71.
The maximum maturity of commercial paper that can be issued without SEC registration
is
72.
Which of the following is used extensively in foreign trade when the creditworthiness of
one trader is unknown to the trading partner?
73.
A U.S. dollar-denominated bond that is sold in Singapore is a
74.
A municipal bond issued to finance an airport, hospital, turnpike, or port authority is
typically a
75.
Unsecured bonds are called
76.
A bond that can be retired prior to maturity by the issuer is a(an) ____________ bond.
77.
Corporations can exclude ____________% of the dividends received from preferred stock
from taxes.
78.
You purchased a futures contract on corn at a futures price of 350, and at the time of
expiration the price was 352. What was your profit or loss?
79.
You purchased a futures contract on corn at a futures price of 331, and at the time of
expiration the price was 343. What was your profit or loss?
80.
You sold a futures contract on corn at a futures price of 350 and at the time of expiration
the price was 352. What was your profit or loss?
81.
You sold a futures contract on corn at a futures price of 331 and at the time of expiration
the price was 343. What was your profit or loss?
82.
You purchased a futures contract on oats at a futures price of 233.75 and at the time of
expiration the price was 261.25. What was your profit or loss?
2-82
83.
You sold a futures contract on oats at a futures price of 233.75 and at the time of
expiration the price was 261.25. What was your profit or loss?
Short Answer Questions
84.
Based on the information given, for a price-weighted index of the three stocks calculate
A. the rate of return for the first period (
t
= 0 to
t
= 1).
B. the value of the divisor in the second period (
t
= 2). Assume that Stock A had a 2-1 split
during this period.
C. the rate of return for the second period (
t
= 1 to
t
= 2).
85.
Based on the information given for the three stocks, calculate the first-period rates of
return (from
t
= 0 to
t
= 1) on
A. a market-value-weighted index.
B. an equally weighted index.
86.
Distinguish between U. S. Treasury debt and U.S agency debt.
87.
Discuss the advantages and disadvantages of common stock ownership relative to other
investment alternatives.
88.
The Dow Jones Industrial Average and the New York Stock Exchange Index have unique
characteristics. Discuss how these indices are calculated and any problems/advantages
associated with the specific indices.