1. What is a stock? A. An IOU of a corporation. B. A piece of ownership in...
Question:
1. What is a stock?
A. An IOU of a corporation.
B. A piece of ownership in a corporation.
C. Total ownership of a corporation.
D. A retirement investment.
E. None of the above.
2. When you purchase a stock for $10.00 and then sell it one month later at $20.00 you are
· A. Buying low and selling high
·
· B. Buying high and selling low
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· C. Short selling low and short covering high
·
· D. Short selling high and short covering low
·
· E. Gaining dividends
3. Two of the founders of the DJIA were
· A. Edward Jones and Charles Dow
·
· B. Alexander Hamilton and Charles Bernstegen
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· C. J.P. Morgan and Chales Dow
·
· D. Bill Gates and Charles Dow
·
· E. Alexander Hamilton and Charles Dow
4. When you receive corporate profits from your ownership of stock you are
· A. Buying low and selling high
·
· B. Buying high and selling low
·
· C. Short selling low and short covering high
·
· D. Short selling high and short covering low
·
· E. Gaining dividends
5. What professions are associated with financial markets?
· A. Stock broker
·
· B. All of the options listed
·
· C. Investment banker
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· D. Commodities broker
·
· E. Bond dealer
·
6. What is the ticker symbol of Apple?
7.. What company does Warren Buffett own?
8. True or False, 75% of stocks follow the overall market trend.
9. What is the name of the current Federal Reserve Chairman?
10. If each share is $100, how many shares could I buy with $1,000,000 dollars?
11. True or False, Options Trading is the most volatile form of investing.
12. Name one form of a retirement account.
13. Fill in the blanks with either “Down” or “Up”. A bull believes that the market is going to go _____ while a bear believes the market is going to go _____.
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill