Choose wisely. There is only one correct answer to each question.
Review your answers below to learn more.
A _______ broker helps customers make decisions on investments.
Full-service. The full-service broker includes investment assistance in his or her range of services.
Buying highly volatile stocks may be _______.
Either A or B. Buying highly volatile stocks may be the quickest way to make or to lose money on the market. Since volatile stocks have greater and/or more frequent fluctuations in value than the market as a whole, they can be the quickest way to either make OR lose money.
Common stock is less predictable than preferred stock.
True. Since preferred stock pays a fixed premium, it is more predictable than common stock.
Jim just bought 200 shares of Microsoft. He is now part owner of ______.
All of the above. These are all examples of the companys assets. Stock ownership conveys equity in a companys assets.
A customer who wants nothing more than execution of trades from his or her broker will want a _______ broker.
Deep-discount. The deep-discount broker limits his or her services to execution of trades.