Multiple Choice Identify the
choice that best completes the statement or answers the question.
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1.
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(3 points) Which company listed below had the lowest
traded value on 12/15/11 (not counting the companies who had no outstanding shares listed).
a. | Pfizer | c. | Chiquita Brands International | b. | Dole Food
Company | d. | Briggs &
Stratton Corporation |
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Numeric Response
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2.
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(3 points) How many outstanding shares did AT&T
have on 12/15/11? (commas are suggested but optional)
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3.
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(3 points) What was the price of Deere & Co.
stock on 11/10? (Do NOT include the dollar sign; do include decimals)
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Completion Complete each
statement.
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4.
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(3 points) Private investors in commodities who
attempt to profit from anticipated commodity price changes are known as ________ _________. (two word
answer with a space in between words; spelling counts; plural answer)
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5.
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(3 points) A legal document giving the lender a
claim against the property if the principal, interest or both are not paid as agreed is known as a
____________. (spelling counts)
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6.
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(3 points) A ___________ rate mortgage is a mortgage
where the interest rate is periodically lowered or raised, depending upon the current interest rates.
(spelling counts)
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7.
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(3 points) A ________ contract is a contract for
commodities where terms are standardized with the exception of price, which is determined in public
at an established exchange. (spelling counts)
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8.
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(3 points) A ______ is a two-family house where the
owner lives in one half and rents the other half. (spelling counts)
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9.
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(3 points) An individually owned unit in an
apartment-like building or complex where the maintenance and yard work are normally taken care of for
a service fee is known as a __________________ (spelling counts; do not abbreviate)
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10.
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(3 points) Stocks are bought and sold at ________.
(plural; spelling counts)
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11.
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(3 points) Since the attacks that occurred on
September 11, 2001, U.S. Series ____ bonds are now also referred to as ‘Patriot Bonds’.
(capitalize your answer)
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12.
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(3 points) The difference between what your house
and property are worth and the amount owned on the mortgage is know as your _________. (spelling
counts)
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13.
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(3 points) A place where things are exchanged,
especially a center where securities or commodities are bought and sold, is the definition for a(n)
_____________. (spelling counts)
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14.
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(3 points) Of the two types of stock, ____________
stock is the one that is most often traded by investors. (spelling counts)
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15.
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(3 points) ____________ stockholders generally have
no voting rights at the annual meetings of the corporation. (spelling counts)
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16.
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(3 points) Going ________ means that the company has
offered stock to the public for sale and the company is no longer considered private. (spelling
counts)
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17.
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(3 points) Stock brokers work for a _____________,
generally based upon the amount of money, you, the investor, make. (spelling counts)
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18.
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(3 points) A _______ broker does not provide
research or investment advise, they just place the investment order for you for a small fee.
(spelling counts)
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19.
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(3 points) A _______ rate mortgage is a mortgage
where the interest rate is set for the life of the loan. (spelling counts)
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20.
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(3 points) The __________ value of a piece of
property is the value of the property as determined by the local government for tax purposes.
(spelling counts)
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21.
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(3 points) If you purchase a home, you generally go
through a person licensed in the buying and selling of homes, called a ___________. (spelling
counts)
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22.
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(3 points) A _______ _________ is a fund
set-up and managed by investment companies that receive money from many investors and then usually
buy and sell a wide variety of stocks or bonds. (spelling counts
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23.
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(3 points) The arbitrary value assigned to stock is
known as the _____ ______. (spelling counts; two-word answer with one space between
words)
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24.
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(3 points) A contract for commodities where terms
are standardized with the exception of price, which is determined in public at an established
exchange is known as a ___________ contract. (spelling counts)
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25.
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(3 points) A type of mortgage that is a mix between
adjustable rate and fixed rate mortgages is known as a __________ rate mortgage. (spelling
counts)
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26.
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(3 points) The taking of a position in a futures
market that is opposite of the position in the cash market is known as ____________. (spelling
counts)
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27.
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(3 points) A ______ _______ is a fund set-up and
managed by investment companies that receive money from many investors and then usually buy and sell
a wide variety of stocks or bonds. (spelling counts; two word answer with a space between
words)
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28.
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(3 points) When you buy stock in a company, you
actually own a part of it. The piece of the company you own is known as a _______. (spelling
counts)
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29.
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(3 points) Of the various stocks we tracked, which
stock had the largest traded value on 12/15/11? Your answer should be the STOCK SYMBOL for the
company, not the name.
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30.
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(3 points) List the stock symbol of the company that
would have made the most money if you had bought 100 shares on 11/10 and sold it on 12/15?
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