Reference no: EM132494982

1. Mutual fundstraded on stock exchanges that are not always available for purchase are called:

a. closed-ended funds

b. hedge funds

c. derivatives

d. special issue funds

2. A debt instrument is described by all of the following except:

a. it is an investment which is underlaid by a stock

b. there is a lender and a borrower, and a loan is made from one to the other

c. it includes bonds, debentures, and mortgages

d. the issuer makes regular payments to the lender and then repays the full loan on the maturity date

3. ABC Computer Company will be issuing their stock for the first time. This is called a/an:

a. initial buy-in

b. initial public offering

c. first bond issuance

d. stock exchange placement

4. The Mutual Fund Dealer's Association regulates the distribution of mutual funds by dealers in Ontario:

a. true

b. false

5. Money invested for the purpose of earning income or profit is considered to be:

a. investment capital

b. growth capital

c. dividend income

d. fund income