1) In a period of heightened price volatility, the beta of the market will:
a) decrease
b) not enough information given
c) beta is unrelated to market volatility
d) increase
2) What is a buyback?
a) The buying back of stocks or bonds by the issuing company.
b) The issuing of new company shares.
c) None of these.
d) An initial public offering.
3) What is a bank?
a) An institution offering various financial services to its customers
b) A short-term loan
c) An individual borrower
d) A debtor