Homework answers / question archive / Question 1 20 / 20 pts What are "unicorns"? Your Answer:   Question 2 20 / 20 pts Who is Kristin Peck and which company does she run? (10 points)   What crisis did she face earlier this year?  (10 points) Your Answer:   Question 3 4 / 4 pts Which of the following regarding open-end mutual funds is false?    The funds redeem shares at NAV

Question 1 20 / 20 pts What are "unicorns"? Your Answer:   Question 2 20 / 20 pts Who is Kristin Peck and which company does she run? (10 points)   What crisis did she face earlier this year?  (10 points) Your Answer:   Question 3 4 / 4 pts Which of the following regarding open-end mutual funds is false?    The funds redeem shares at NAV

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Question 1

20 / 20 pts

What are "unicorns"?

Your Answer:

Question 2

20 / 20 pts

Who is Kristin Peck and which company does she run? (10 points)

What crisis did she face earlier this year?  (10 points)

Your Answer:

Question 3

4 / 4 pts

Which of the following regarding open-end mutual funds is false?
  

The funds redeem shares at NAV.

The funds offer investors professional management.

The funds offer investors a guaranteed rate of return.

The funds offer investors professional management and administration of the fund.

Question 4

4 / 4 pts

The trading of stock that was previously issued takes place

In the secondary market

In the primary market

Usually with the assistance of an investment banker

In the secondary and primary markets

Question 5

4 / 4 pts

Which of the following is not a characteristic of a money market instrument?

LIquidity

Marketability

Long maturity

Liquidity premium

Long maturity and liquidity premium

Question 6

4 / 4 pts

______________________ are real assets.

Land

Machines

Stocks and bonds

Knowledge

Land, machines, and knowledge

Question 7

4 / 4 pts

Which of the following statements regarding closed-end mutual funds is false?

The funds always trade at a discount from NAV.

The funds redeem shares at NAV.

The funds offer investors professional management.

The funds always trade at a discount from NAV and redeem shares at NAV.

Question 8

4 / 4 pts

Firms raise capital by issuing stock

In the secondary market

In the primary market

To unwary investors

Only on days when the market is up

Question 9

4 / 4 pts

TIPS

Pay a fixed interest rate for life

Pay a variable interest rate indexed to inflation, but maintain a constant principal

Provide a constant income stream in real (inflation-adjusted) dollars

Have their principal adjusted in proportion to the CPI

Provide a constant income stream in real (inflation-adjusted) dollars and have their principal adjusted in proportion to the CPI

Question 10

4 / 4 pts

_________________ are financial assets.

Bonds

Machines

Stocks

Bonds and stocks

See Chapter 1

Bonds, machines, and stocks