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1.
A _______ broker helps customers make decisions on investments.
Full-service. The full-service broker includes investment assistance in his or her range of services.
2.
Which of the following statements is true?
Bonds pay fixed income; common stock doesnt. Bonds pay a fixed interest rate; stock values and dividends depend on the performance of the company.
3.
Corporate stock represents _______.
Net assets. Stock represents a share of ownership in a companys assets.
4.
The best way to make a lot of money quickly is to buy and sell blue chip stocks.
False. Blue chip stocks have low volatility, so any growth in value is likely to be slow.
5.
Which of the following pays a fixed dividend?
Preferred stock. Preferred stock pays a fixed dividend, as opposed to common stock, for which the dividend (if any) is set by the companys board of directors from time to time.