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Q: 11
________ is a temporary restriction on program trading in a particular security or market, usually to reduce dramatic price movements.
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Q: 12
On which of the following financial statements would you expect to find assets, liabilities, and stockholders' equity?
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Q: 13

The objective/s of trust department’s administration of corporate trust accounts include: I. Policies and producers ensure compliance with governing instruments, applicable law and accepted fiduciary principles II. Deficiencies are identified and corrective action is promptly initiated III.There is sufficient management and staff expertise to administer these accounts IV.Effective policies , procedures and internal controls have been established V.The legitimate needs of security holders and other interested parties are met in a professional and timely manner

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Q: 14
A set of possible values that a random variable can assume and their associated probabilities of occurrence are referred to as __________.
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Q: 15
Assume our typical 65-year-old investor likewise has adequate insurance coverage and a cash reserve. Let’s also assume she is retiring this year. This individual will want less risk xposure than the 25-year-old investor, because her earning power from employment will soon be nding; she will not be able to recover any investment losses by saving more out of her paycheck. Depending on her income from social security and a pension plan, she may need some current income from her retirement portfolio to meet living expenses. Given that she can be expected to live an average of another 20 years, she will need protection against inflation. A risk-averse investor will choose:
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Q: 16
Some objectives of an audit related to mutual funds might include determining that:
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Q: 17
Which of the following bonds do not pay interest during the life of the bonds?
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Q: 18
When one buys a cash instrument, for example 100 shares of ABC Inc., the payoff is linear(disregarding the impact of dividends). If share are purchased at $50 and the price appreciated to $75, we have ________ on a mark-to-mark basis.
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Q: 19
Insurance agents act as contractors in groups who express one or more entity with express authority to act for the entity in dealing with insured.
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Q: 20
Short-duration contracts provide insurance protection for fixed period and can cancel the contract at the end of any contract period.
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Question 11 of 20 · Page 2 / 2

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