Tips and Tools For Financial Success - Newton Free Library
Tips and Tools For Financial Success - Newton Free Library
Tips and Tools For Financial Success - Newton Free Library
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8. Which of the following people have the primary responsibility to give advice about securities<br />
<strong>and</strong> are required by law to act in the interest of their clients?<br />
a. Brokers<br />
b. <strong>Financial</strong> planners<br />
c. Investment advisors<br />
d. Day traders<br />
9. Profit on the sale of an investment is called?<br />
a. a stock split<br />
b. A dividend<br />
c. a capital gain<br />
d. All of the above<br />
10. What is par value?<br />
a. An acronym for principal <strong>and</strong> return<br />
b. A term for the redemption value of a bond<br />
c. An index <strong>and</strong> valuation of stocks<br />
d. The part of your dividend that you reinvest<br />
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