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1.
A _______ broker helps customers make decisions on investments.
Choose wisely. There is only one correct answer.
Full-service. The full-service broker includes investment assistance in his or her range of services.
2.
Buying highly volatile stocks may be _______.
Choose wisely. There is only one correct answer.
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.
3.
Common stock is less predictable than preferred stock.
Choose wisely. There is only one correct answer.
True. Since preferred stock pays a fixed premium, it is more predictable than common stock.
4.
Jim just bought 200 shares of Microsoft. He is now part owner of ______.
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All of the above. These are all examples of the companys assets. Stock ownership conveys equity in a companys assets.
5.
A customer who wants nothing more than execution of trades from his or her broker will want a _______ broker.
Choose wisely. There is only one correct answer.
Deep-discount. The deep-discount broker limits his or her services to execution of trades.