Financial Services MCQs
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Q 41. A market for existing financial securities that are currently traded between investors is called the____________ market
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Q 42. When one investment company manages a group of mutual funds, it is called a(n):.
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Q 43. The value of the mutual fund's portfolio minus the mutual fund's liabilities divided by the number of shares outstanding is called the:.
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Q 44. A mutual fund in which shares are issued only when the fund is organized is called a ________fund.
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Q 45. Money market securities ____________.
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Q 46. A fixed-income security pays ____________.
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Q 47. Although derivatives can be used as speculative instruments, businesses most often use them to _________.
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Q 48. Commercial banks differ from other businesses in that both their assets and their liabilities are mostly ________.
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Q 49. The inflation free instrument is........
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