An example of a derivative security is/are_________.

In 2009, _________was the least significant financial asset of U.S. nonfinancial businesses in terms of total value.

Which of the following is true of the Dow Jones Industrial Average?

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

Assume you sold short 100 shares of common stock at \$40 per share. The initial margin is 50%. What would be the maintenance margin if a margin call is made at a stock price of \$50

A mutual fund had average daily assets of \$3.0 billion in 2009. The fund sold \$600 million worth of stock and purchased \$700 million worth of stock during the year. The fund's turnover ratio is .

A mutual fund had NAV per share of \$19.00 on January 1, 2009. On December 31 of the same year the fund's NAV was \$19.14. Income distributions were \$0.57 and the fund had capital gain distributions of \$1.12. Without considering taxes and transactions costs, what rate of return did an investor receive on the fund last year?

You purchase a share of Boeing stock for \$90. One year later, after receiving a dividend of \$3, you sell the stock for \$92. What was your holding-period return?

Which of the following statements is (are) true? I) Risk-averse investors reject investments that are fair games; II) Risk-neutral investors judge risky investments only by the expected returns; III) Risk- averse investors judge investments only by their riskiness; IV) Risk- loving investors will not engage in fair games.

You invest \$100 in a risky asset with an expected rate of return of 0.11 and a standard deviation of 0.20 and a T-bill with a rate of return of 0.03. The slope of the Capital Allocation Line formed with the risky asset and the risk-free asset is equal to

The standard deviations of stocks A and B are and , respectively.