1. Marty and Esther were told by their financial planner that ________years was the limit on the debt resolution rule, that is, all outstanding debt, except a mortgage and education, should be repaid within this time period. Then the cycle will continue.

a) 2

b) 3

c) 3.5

d) 4

e) 5

2. You specify that your trade is to be only at a certain price or better. You are placing a(n)____.

a) open order

b) closed order

c) limit order

d) stop order

e) market order

3. If you buy a stock on or after the ______you will not receive any dividends paid up to that point in time.

a) announcement date

b) ex-dividend date

c) declaration date

d) dividend date

e) none of the above