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NH9 - Investment Companies, Trading Markets and Some Fun

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Assets - Liabilities for a mutual fund equals:

a)

Net Worth

b)

Net Asset Value

c)

Net Operating Margin

d)

Net Investment Income

2.

The best breakfast menu item from Chick-Fil-A is:

a)
b)
c)
d)
3.

The funds listed are:

a)

open end management companies

b)

closed end management companies

c)

fixed UITs

d)

non-fixed UITs

4.

Panspermia is:

a)

inappropriate.

b)

the doctrine or belief that everything material, however small, has an element of individual consciousness.

c)

the hypothetical landmass that existed when all continents were joined, from about 300 to 200 million years ago.

d)

the theory that life on the earth originated from microorganisms or chemical precursors of life present in outer space and able to initiate life on reaching a suitable environment.

5.

A no-load mutual fund:

a)

can charge a management fee and can charge an annual 12b-1 fee limited to .25%

b)

cannot charge a management fee and cannot charge a 12b-1 fee

c)

cannot charge a management fee, but can charge an annual 12b-1 fee limited to .25%

d)

can charge a management fee, but cannot charge a 12b-1 fee

6.

Based of UN projections, which country is expected to have the largest population in the year 2100?

a)

China

b)

India

c)

Nigeria

d)

Brazil

7.

The purchaser of a hedge fund must be a(n):

a)

accredited investor

b)

qualified institutional buyer

c)

professional investor

d)

sophisticated investor

8.

Who won the War of 1812

a)

United States of America

b)

Great Britain

c)

Canada

d)

No one

9.

An equity REIT would most likely invest in all of the following EXCEPT:

a)

apartments

b)

office buildings

c)

shopping malls

d)

industrial parks

10.

How many bones does a typical adult human have?

a)

213

b)

270

c)

206

d)

300

11.

A securities firm does a trade for a customer and charges a commission. In what capacity did the firm act?

a)

Agent

b)

Dealer

c)

Principal

d)

Market Maker

12.

How many Pokemon are currently out there?

a)

809

b)

1122

c)

1008

d)

905

13.

Which of the following orders are accepted on the NYSE automated trading system?

a)

I only

b)

II and III only

c)

I, II, III

d)

I, II, III, IV

14.

All of the following are mammals except:

a)

Orca

b)

Bat

c)

Penguin

d)

Platypus

15.

Which security is traded in the "over-the-counter" market?

a)

American Depositary Receipts

b)

Initial Public Offerings

c)

Mutual Fund Shares

d)

U.S. Government Savings Bonds

16.

Who is the chancellor of Germany?

a)

b)
c)
d)
17.

All of the following dates are needed to compute the total purchase price of a municipal bond traded on a yield basis in the secondary market EXCEPT:

a)

dated date

b)

maturity date

c)

settlement date

d)

interest payment date

18.

In total, how many gifts were given in "The Twelve Days of Christmas"?

a)

364

b)

12

c)

78

d)

90

19.

Under the FINRA 5% Policy, proceeds transactions are subject to:

a)

one mark-up based on the sell side only

b)

one mark-up based on the buy side only

c)

one mark-up based on the buy and sell side combined

d)

two mark-ups; one for the buy side separately and the other for the sell side separately

20.

In the movie Princess Bride, which character used the word "inconceivable" throughout the movie?

a)

Fezzik

b)

Inigo Montoya

c)

Westley

d)

Vizzini