1. A seasoned offering would be best described as _________.
a.an offering of bonds that have been "seasoned" for at least 12 months
b,a corporation's first sale of common stock to the public
c.the sale of founder and venture investor shares to the public
d. a securities offering by a firm that has previously offered similar securities
2. ___________ have three distinct disadvantages over index funds. Those disadvantages include maintaining cash reserves, higher expense ratios, and turnover costs.
Money Market Mutual Funds
Passive Mutual Funds
Unmanaged "Green" Funds
Actively Managed Funds