initial public offering
?A _____ is the first time a company issues stock that may be bought by the general public.
that significant tax consequences occur when there is a lot of trading.?
A drawback of actively managed funds is:
multiply the number of shares outstanding by the price per share. ?
In order to determine market cap, the total market value of all shares of common stock outstanding of a company, an individual should:
True
Mr. Joe Lewis bought 650 shares of stocks in the Garrett Corp. last year at a price of $19 per share. The market price has now risen to $25 per share. This result indicates that Mr. Lewis could realize a capital gain if he sells his stock.
Unlike commercial banks, credit unions are not-for-profit organizations.
??Which of the following is a difference between credit unions and commercial banks?
commercial bank
A _______ is the most common depository institution.
False
?The difference between the prices at which securities are bought and sold is called a thrift.
?predict changes in stock prices in order to earn a quick profit by buying low and selling high.
?The objective of the market timing strategy is to:
net asset value per share
?The price at which shares of an open-end mutual fund are issued and redeemed is based on the fund's _____.
over-the-counter market ?
The stocks of firms that do not meet the listing requirements of stock exchanges are traded on the _____.