1. An investment whose characteristic line has a slope greater than 1 is known as (a)aggressive security (b)defensive security (c)portfolio security (d)risk free security

2. An major difference between New York stock exchange and NASDAQ market is (a) the NASDAQ has a physical location (b) the NASDAQ has listing requirement for its stock, the NYSE does not (c)generally, younger high tech firms are on the NASDAQ, older more established firms on the NYSE (d)the NYSE list the stocks of both large and small firms

3. JPMorgan Chase reported total stock holders equity of $176106000000 on 12/31/2010. there were 3910294110 shares outstanding at that time but average shares outstanding were 3977000000. what was the company's book value per share on that date?

(a) 44.28

(b) 45.04

(c) 44.50

(d) 42.84

4. Another name for annuit due is_____?

5. Then interest rates fall, present value (a) increase (b)decrease (c)remain the same (d)first fall then rise

6. The most common base rate of interest in the U.S is_______?